The Securities and Exchange Commission charged Cryptoaiml Ltd., Cryptoaiml Capital Foundation, TSAI Pro Ltd. and TSAI Capital Foundation in two civil cases alleging that the entities misappropriated more than $15.3 million from more than 2,000 retail investors. The complaints, filed September 29 in the U.S. District Court for the Southern District of New York, describe schemes promoted through WhatsApp, websites and Facebook using purported AI trading signals and artificial-intelligence trading bots. The SEC alleges that the defendants falsely claimed regulatory credentials, including through fabricated Form D filings and certificates, while displaying fictitious profits on sham platforms. Investors who sought withdrawals were allegedly told to pay additional fees. The agency is seeking injunctions, disgorgement with prejudgment interest, civil penalties and conduct-based restrictions. The defendants' alleged conduct has not been adjudicated.