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YieldTrust.ai in hot soup as watchdogs double down on AI DApps

YieldTrust.ai, a crypto trading platform, has been hit with combined enforcement proceedings from Montana, Texas, and Alabama securities authorities on allegations that it is perpetrating a Ponzi scheme. Authorities in Montana, Texas, and Alabama released statements on April 4 quoting YieldTrust.ai and its Romanian owner, Stefan Ciopraga, as saying that their DApp, YieldBot, is “powered by cutting-edge ai systems” […]
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