SEC Sues Texas Man over $12.3 Million Alleged Crypto Scheme Built on Fake AI Trading Bots

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

Fuller allegedly diverted $6.2 million for personal use and $5.5M for Ponzi-like payments; only 3% of funds went to crypto trading.

SEC Charges Texas Man With $12.3M Crypto Fraud Using Fake AI Trading Bots

The Securities and Exchange Commission has charged a Texas man with running a crypto fraud scheme that raised $12.3 million from roughly 150 investors by falsely claiming to use AI-powered trading bots to generate guaranteed returns. Nathan Fuller, a resident of Cypress, Texas, operated the scheme through his company Privvy Investments, LLC, and under the […]

SEC Charges Texas Man Over $12.3M Crypto Fraud Tied to Fake AI Bots

The U.S. Securities and Exchange Commission has charged a Cypress, Texas, man with orchestrating a crypto-focused investment fraud that drew roughly $12.3

CoinStats - SEC Charges Texas Man Over $12.3M Crypto Frau...

SEC Charges Texas Man In $12.3M Fake AI Crypto Bot Case

The SEC has brought civil charges against Nathan Fuller, a Cypress, Texas resident accused of raising about $12.3 million from roughly 150 investors through an alleged crypto fraud built around AI trading bots, guaranteed returns and fake investor protections. Fuller allegedly sold joint-venture interests through Privvy Investments, LLC and the names Privvy Investments and Gateway Digital Investments from at least October 2022 through mid-2024. …

SEC Sues Texas Man For $12.3 Million Crypto Asset Fraud – Details

The US Securities and Exchange Commission (SEC) is pressing charges against Nathan Fuller, a Texas resident, for running a multi-million dollar crypto investment fraud scheme. The case, filed at the US Southern District of Texas, seeks several penalties against the defendant for allegedly defrauding 150 victims. In a press release on May 28, the SEC […]