SEC Charges Nathan Fuller Over $12.3 Million AI Crypto Fraud

8 articles · Updated · Seeking Alpha · May 29

$12.3 million is what the SEC says Nathan Fuller raised by telling investors he used proprietary AI trading bots for high-frequency crypto arbitrage.
The agency charged the Cypress, Texas, resident on Friday, framing the pitch around supposed automated, AI-driven returns in crypto assets.
The case adds to regulators' scrutiny of investment schemes that pair crypto with AI claims to attract money from investors.

As AI investment scams multiply, what common red flags are investors consistently missing?

How does the SEC distinguish between failed tech innovation and deliberate investment fraud?