Crypto Co. Fined $700,000 For Duping Investors Into 'AI' Trading

By Brian Steele (April 4, 2024, 6:58 PM EDT) -- The owner of an unlicensed cryptocurrency investment firm wooed a cancer patient and other investors with promises of AI-driven trading, only to use their funds for rent payments and other personal expenses, Connecticut regulators said Wednesday in ordering a $700,000 fine....

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