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SEC files investment fraud charges over $15 million AI trading bot scam

The Cryptonomist·September 30, 2026·1 min read
SEC files investment fraud charges over $15 million AI trading bot scam

The SEC filed investment fraud charges on September 29, 2026, against four entities accused of running two separate schemes that drained over $15 million from hundreds of investors. The scams pitched fake AI trading bots inside WhatsApp group chats, convincing victims to hand over crypto and cash.

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