SEC sues Texas man over $12.3 million alleged crypto scheme built on fake AI trading bots

Genius stated that no undisclosed reasons for the significant increase in stock prices have been identified and is currently investigating abnormal trading activities with market monitoring company ShareIntel. （Cointelegraph）

Fuller allegedly diverted $6.2 million for personal use and $5.5M for Ponzi-like payments; only 3% of funds went to crypto trading. What to know : Texas man Nathan Fuller allegedly raised $12.3 million from 150 investors via a false AI crypto bot scheme promising up to 100% returns. Fuller allegedly diverted $6.2 million for personal use and $5.5M for Ponzi-like payments; only 3% of funds went to crypto trading. To cover losses, Fuller used fabricated statements and an AI-generated letter to fraudulently reassure investors.

OKX-BTC/USDT is currently trading at $74007.90, with a 5-minute increase of 0.09%. Please be aware of market fluctuations.

Binance BNB/USDT is currently trading at $699.64, with a 5-minute increase of 0.49%. Please be aware of market fluctuations.

Zcash has released an emergency update to fix critical consensus and denial of service vulnerabilities in Zebra software. （Cointelegraph）