The SEC has charged Texas resident Nathan Fuller over an alleged $12.3 million AI crypto arbitrage scheme that promised triple digit returns in weeks.
Summary
- SEC alleges Fuller raised about $12.3 million from roughly 150 investors
- Promised 40 to 50 percent returns in 30 to 45 days and over 100 percent in 21 days
- At least $6.2 million allegedly misappropriated, $5.5 million used in Ponzi like payouts
U.S. securities regulators have charged Texas resident Nathan Fuller with orchestrating a fraudulent cryptocurrency trading scheme that raised roughly $12.3 million from about 150 investors through entities including Privvy Investments between October 2022 and mid 2024,…
