The SEC has announced the filing of an action against an individual involved in a crypto asset trading scheme. The regulator alleges that Nathan Fuller solicited investors to participate in a venture involving “AI-based crypto asset trading bots” that would “guarantee” profits “exceeding 100% in as little as 21 days.”
SEC files action against individual for multimillion-dollar crypto-asset scheme
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SEC alleges that Nathan Fuller told investors he would leverage proprietary AI bots to facilitate high-frequency arbitrage trading of crypto assets.