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The Block - 2026-05-30

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1. SEC sues Privvy founder over $12.3 million crypto scheme as AI ‘bots’ turn out to be neither

Author: Zack Abrams
Published: 5/30/2026, 10:30:56 PM
Categories: Legal, Policy, Anti-Money Laundering, Court Hearings, Crypto Ponzi scheme, Lawsuits

The SEC alleges Fuller spent misappropriated funds on a roughly $1 million house, gambling, trading cards, travel and a Jeep.

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