Lightning Warning | UK Company Accused of £330M 'AI+NFT' Ponzi Scheme 🎭

British businessman Peter McInnes has been sued in a class action in New York, involving the TradeAI and StakX platforms suspected of a £330 million Ponzi scam thetimes.co.uk.

My Opinion: The hype around AI + NFT is a new guise, a warning for the industry about compliance red lines, and investors should not blindly trust 'high return' promotions.