---
title: "SEC charges Texas man with $12.3M crypto fraud using fake AI trading bots"
url: https://thecoingazette.com/sec-charges-texas-man-with-12-3m-crypto-fraud-using-fake-ai-trading-bots/
date: 2026-05-30
modified: 2026-05-30
author: "Coin Gazette Editorial"
description: "The SEC charged Texas man Nathan Fuller with raising $12.3 million from 150 investors through a crypto fraud scheme built around fake AI trading bots."
categories:
  - "Uncategorized"
tags:
  - "Latest News"
word_count: 25
---

# SEC charges Texas man with $12.3M crypto fraud using fake AI trading bots

![SEC charges Texas man with $12.3M crypto fraud using fake AI trading bots](https://images.cointelegraph.com/images/528_aHR0cHM6Ly9zMy1pbWFnZXMuY3RtZWRpYS5pby9tZWRpYS9hcnRpY2xlLWNvdmVycy9oaS1uZXhmdW5kYWktdGhlLWZiaXMtdHJhcC10b2tlbi1leHBsYWluZWQtMS5qcGc=.jpg)

The SEC charged Texas man Nathan Fuller with raising $12.3 million from 150 investors through a crypto fraud scheme built around fake AI trading bots.