Coinbase Receives Legal Action From 10 States For Security Violations

In a dramatic turn of events, Coinbase Global Inc, one of the leading cryptocurrency exchanges, is entangled in a regulatory

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Multiple US state regulators allege AI trading dApp is a Ponzi scheme

Securities regulators from Montana, Texas, and Alabama have jointly filed enforcement actions against cryptocurrency trading platform YieldTrust.ai alleging it is “perpetrating a Ponzi scheme.” According to April 4 statements from the Montanian, Texan and Alabamian regulators, YieldTrust.ai and its Romanian owner, Stefan Ciopraga, claimed the decentralized application (dApp) called “YieldBot” is “powered by cutting-edge artificial [...]

The post Multiple US state regulators allege AI trading dApp is a Ponzi scheme appeared first on Crypto Breaking News.

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