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Multiple US state regulators allege AI trading DApp is a Ponzi scheme

The scheme allegedly claimed it could generate returns of up to 2.2% a day by leveraging AI to trade more often and with higher profits than a person could.

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Multiple US state regulators allege AI trading DApp is a Ponzi scheme

The scheme allegedly claimed it could generate returns of up to 2.2% a day by leveraging AI to trade more often and with higher profits than a person could.

Why this matters

This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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Read on Cointelegraph

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