One mastermind jailed for just 18 months, lawyer explains. 150 victims lost money to scam coin proponents, court hears.

Peter Steinberger, the developer who previously built PSPDFKit and is now behind the viral AI assistant Clawdbot, which has now rebranded to Moltbot, took to X to denounce what he described as ...

"We want to emphasize that these scams affect people throughout the community and can happen to anyone," police said.

Scammers exploited a brief gap amid a trademark dispute to launch meme coin CLAWD, briefly inflate it to $16 million, and turn a viral AI project into a cautionary tale.

The United States, Britain and South Korea have joined a crackdown on groups running frauds from Southeast Asia. They have their work cut out. By Francesca Regalado Francesca Regalado has reported on ...

ClawdBot creator Peter Steinberger rejects crypto after scammers hijack his AI project’s rebrand to promote fake tokens.

ASIC Deputy Chair Sarah Court said the regulator has beefed up its scam enforcement to include monitoring social media ads. Update Aug. 24, 11:40 pm UTC: This article has been updated to include more ...