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Crypto firms alleged to have faked execs using AI and actors: Cali regulator

A number of firms claiming to offer artificial intelligence (AI) assisted crypto trading services have been hit with allegations of being “fraudulent investment schemes” by a California financial regulator, with two accused of using actors and AI to impersonate CEOs.On April 19 the California Department of Financial Protection and Innovation

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Tether strikes at WSJ over ‘stale allegations’ of faked documents for bank accounts

The company behind stablecoin Tether (USDT) has rebuffed a report by The Wall Street Journal (WSJ) claiming it had ties to entities that faked documents and used shell companies to maintain access to the banking system.On Mar. 3 the WSJ reported on leaked documents and emails purportedly revealing that entities

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