Nathan Fuller promised investors up to 100% returns in 21 days, claimed AI bots were doing the trading, then spent half the money on personal expenses, the SEC alleges.

Fuller allegedly diverted $6.2 million for personal use and $5.5M for Ponzi-like payments; only 3% of funds went to crypto trading.

Approximately 150 investors contributed $12.3 million based on promises of AI-driven cryptocurrency trading Fuller guaranteed extraordinary profits ranging from 40–100%+ within timeframes as brief as ...