Monday and Tuesday, 2026-09-28 and 2026-09-29 · · run 20260930T0439Z
SEC charges overseas crypto scams
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The SEC charged four entities on Sept. 29, 2026 for fraud schemes that stole at least $15 million.
The SEC announced charges on Sept. 29, 2026 against Cryptoaiml Ltd., Cryptoaiml Capital Foundation, TSAI Pro Ltd. and TSAI Capital Foundation.
The complaints were filed in the U.S. District Court for the Southern District of New York.
The complaints allege the entities used WhatsApp groups and website claims to appear regulated.
The entities sold nonexistent AI‑trading bots or fake trading signals.
Cryptoaiml issued fabricated AI‑generated tips and froze withdrawals until advance fees were paid.
Cryptoaiml and Cryptoaiml Capital Foundation misappropriated more than $12.5 million from investors between August 2024 and March 2025 by directing them to a bogus trading platform.
TSAI Pro Ltd. and TSAI Capital Foundation took $2.8 million from September 2024 to March 2025 by promising guaranteed profits from rented AI bots that did not exist.
Both schemes claimed SEC registration and posted falsified Form D screenshots on their websites.
The SEC’s Office of Investor Education and Assistance issued alerts warning that fraudsters may use group chats or false SEC claims to lure investors.
The agency encourages investors to report scams via its online tip portal and to check backgrounds on Investor.gov.
Sources
- SEC Charges Multiple Entities in Fraud Schemes Totaling at Least $15 Million That Used WhatsApp and Other Platforms to Lure Investors US Securities and Exchange Commission
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