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California Regulator Cracks Down on AI-Fueled Crypto Scams
The California Department of Financial Protection and Innovation (DFPI) has issued cease and desist letters to five crypto companies it has accused of being involved in scams. The companies, Maxpread Technologies, Harvest Keeper, Visque Capital, Coinbot, and QuantFund, are accused of offering unqualified securities and making false promises to investors. The regulator also accused the…
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