The United States Securities and Exchange Commission (SEC) has charged a Texas man with orchestrating a digital asset trading scheme that allegedly raised around $12.3 million through multiple false claims, including promises of guaranteed profits exceeding 100% and the use of artificial intelligence-based trading bots.

In a complaint filed with the U.S. District Court for the Southern District of Texas on May 28, the SEC accused Nathan Fuller of Cypress, Texas, of allegedly using…