SEC files twin Manhattan fraud lawsuits over alleged $15M WhatsApp AI trading schemes

Key points

• The SEC alleges Cryptoaiml took about $12.5 million from more than 300 investors and TSAI Pro at least $2.8 million from about 1,715.U.S. Securities and Exchange CommissionU.S. Securities and Exchange CommissionU.S. Securities and Exchange Commission
• TSAI Pro marketed an artificial intelligence trading bot rental program with promises of guaranteed profits and recruitment bonuses.U.S. Securities and Exchange Commission
• The complaints allege both entities filed Form D notices on EDGAR listing fictitious officers, with fraudulent notarizations.U.S. Securities and Exchange CommissionU.S. Securities and Exchange Commission
• The SEC said it removed both entities' Form D filings from its website and issued investor alerts on group-chat scams.U.S. Securities and Exchange Commission
• The SEC seeks permanent injunctions, disgorgement with prejudgment interest, civil penalties and conduct-based injunctions against the defendants.U.S. Securities and Exchange CommissionU.S. Securities and Exchange Commission

Sources6 articles across 4 outlets

• U.S. Securities and Exchange Commission

  • Complaint in SEC v. Cryptoaiml Ltd. and Cryptoaiml Capital Foundation, No. 1:26-cv-08508 (S.D.N.Y.)Sept. 29, 2026
  • Complaint in SEC v. TSAI Pro Ltd. and TSAI Capital Foundation, No. 1:26-cv-08518 (S.D.N.Y.)Sept. 29, 2026
  • SEC Charges Multiple Entities in Fraud Schemes Totaling at Least $15 Million That Used WhatsApp and Other Platforms to Lure InvestorsSept. 29, 2026

• Bloomberg

  • Fake WhatsApp-Fueled Trades Bilked Investors, SEC SaysSept. 29, 2026

• FX News Group

  • SEC charges Cryptoaiml and TSAI Pro in connection with $15M fraudulent investment schemesSept. 29, 2026

• The Defiant

  • SEC Sues Cryptoaiml and TSAI Over Alleged $15 Million AI Trading ScamsSept. 29, 2026

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