U.S. State Regulators Target Supposed AI-Crypto Tokens Using Images of Musk, CZ and Buterin.

The scheme operated by Horatiu Caragaceanu, The Shark of Wall Street and Hedge4.ai markets coins known as TruthGPT Coin (TRUTH). The token is using images of Elon Musk, Binance Chief Executive Officer Changpeng “CZ” Zhao and Ethereum founder Vitalik Buterin, said the Texas State Securities Board, which is joined by counterparts in New Jersey, Alabama, Montana and Kentucky.