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State regulators crack down on fraudulent cryptos promoted as 'Elon Musk AI Token' and 'TruthGPT Coin'

According to the cease and desist order, investors are being given the impression that Elon Musk endorses "TruthGPT Coin."

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State regulators crack down on fraudulent cryptos promoted as 'Elon Musk AI Token' and 'TruthGPT Coin'

According to the cease and desist order, investors are being given the impression that Elon Musk endorses "TruthGPT Coin."

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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