In a groundbreaking revelation that has left absolutely no one flabbergasted, the SEC announced they have unearthed a crypto scam. The dazzling innovation of this particular scheme? Duping investors with AI-themed investment tips. Finally, a use for AI that rivals chatbots suggesting dad jokes when you just need the weather.
The scheme, involving a cast of audacious companies like Morocoin Tech Corp. and AI Wealth Inc., allegedly swindled over $14 million. It seems the only AI these companies used was Artificial Insight into how gullible investors could be when lured with tech buzzwords. Apparently, the combined allure of crypto and AI was just irresistible.
Meanwhile, critics argue the real scandal here is not the scam itself, but the missed opportunity to sell a Netflix documentary on how a group of smooth-talkers managed to convince the public that AI could actually make foolproof investment decisions. Spoiler alert: It can’t predict your dog’s next meal choice, let alone the crypto market.

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