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The Nexus
BUSINESSMay 30 · 17:27 UTCCOINDESKAI Boost

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

The SEC has sued a Texas man for allegedly orchestrating a $12.3 million cryptocurrency scheme using fake AI trading bots. The case centers on fraudulent claims about automated trading technology to deceive investors.

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