SEC Charges Fake Crypto Platforms, AI Investment Clubs in $14M Scam
Yahoo Finance·2025-12-23 20:06
The US Securities and Exchange Commission has filed charges against a network of alleged fake crypto trading platforms and so-called AI investment clubs, accusing them of running a coordinated scheme that defrauded retail investors of more than 14 million retail investor scam. Fraudsters allegedly used social media ads and WhatsApp groups to promote fake AI trading tips and platforms. Regulators ...