3 entries tagged “ai”.
A Las Vegas company that the SEC said was a $12M+ Ponzi scheme: it told 277+ investors their money would be invested in securities and crypto via an 'artificial intelligence supercomputer' guaranteeing 20–30% annual returns. The SEC halted it in 2021; over 90% of funds came from investors.
An 'AI' meme coin ($SIREN) whose price was widely flagged as a manipulated pump-and-dump in 2026. After a rally of roughly 6,800% on a still-unreleased product, on-chain analysts found the supply heavily concentrated in a handful of wallets; a single whale then dumped ~670M tokens (~92% of circulating supply) for about $64.8M, crashing the price ~95% in a week.
An AI trading-terminal token launched via Binance Alpha in Oct 2025 that surged to a multi-billion-dollar FDV — briefly among the largest crypto assets by valuation — before a ~77% crash on Jun 2, 2026. ZachXBT alleges insiders, led by founder Vova Sadkov, control over 95% of supply and ran a coordinated market-maker pump. LAB has not publicly responded; no charges have been reported.
