S&P 5007,683.69▼0.8% Nasdaq26,820.38▼0.9% Dow51,481.51▼0.7% Russell 2K2,817.91▼0.7% 10-Yr5.24%+6bp VIX16.07+1.20 WTI$93.42▲1.1% Gold$4,147.50▼4.0% EUR/USD1.137▼0.1% BTC$83,516▲0.0% Nikkei65,339▼1.6%
At close · Tue, Sep 29, 2026
Daily Market Updates.

Crypto

Home›Crypto›Regulation›SEC files New York suits alleging $15 million in AI tr…

SEC files New York suits alleging $15 million in AI trading scams

The complaints allege investors were shown fake gains and then asked for additional payments when they attempted withdrawals.

Reported · Written up by our desk · Regulation

The SEC filed two lawsuits in New York involving alleged AI trading scams tied to Cryptoaiml and TSAI, according to The Defiant.

The complaints say investors were shown fictitious profits and were urged to put up more money after they tried to withdraw funds.

← Newer storyAnthropic posts nearly $42 billion loss and eyes IPO above $2 trillion

More like this

CryptoSEC and CFTC crypto oversight to shrink to three commissioners
CryptoFed proposal sets two-business-day stablecoin redemption limit
CryptoComer expands probe into identity checks and suspicious crypto trades
CryptoBBC chief says AI Doctor Who episode would not replace humans
CryptoTether says it froze nearly $550 million in Iran-linked USDT

Sources

The DefiantSEC Sues Cryptoaiml and TSAI Over Alleged $15 Million AI Trading Scams

Get the close, explained.

One email every trading day: what moved, why it moved, and what's on deck tomorrow. Read in 3 minutes.

Free. Unsubscribe anytime.