CLOSE
  • Authors

Suggested:

COINRSS

SEC settles $4 million AI laundering scheme with Rimar Capital

Share In2024-10-118686 Views
The US SEC stated on October 10 that Itai Liptz, CEO of Rimar Capital LLC and Rimar Capital USA, and Clifford Boro, a board member of Rimar USA, jointly paid a civil fine of $310,000 to settle fraud-related charges - they did not admit or deny the charges. Andrew Dean, co-head of the SEC's Asset Management Unit, claimed that Liptz and Boro used AI "buzzwords" to describe Rimar's "AI-driven" platform allegedly used for trading cryptocurrencies, stocks, and futures, raising $3.73 million from potential investors.

Related posts

POPULAR
  • one
    From cloud computing power to super computing power, SolaRoads global AI supercomputing supply platform sets off a new form of computing power
    03-1410563 Views
  • two
    D-NFT officially listed tomorrow chain mining, miners mortgage D-NFT token directly to get ETH
    11-0910060 Views
  • three
    The major tax myths about cryptocurrency debunked
    10-3113944 Views
  • four
    The United States will become the global crypto and blockchain leader
    10-3110315 Views
Navigation