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On 11 August 2023, the U.S. District Court for the Southern District of California delivered an interim ruling in the FTC lawsuit against Roman Cresto, John Cresto, Andrew Chapman, and their companies providing AI- Tools. These entities stand accused of employing AI to mislead investors into a USD 22 million scheme via online stores on Amazon and Walmart. The court has temporarily suspended their operations after the FTC alleged that clients didn't see the promised earnings, and both Amazon and Walmart suspended stores linked to them. The FTC aims to permanently cease their operations, citing breaches of various laws, such as the FTC Act, the Business Opportunity Rule, and the Consumer Review Fairness Act. A preliminary injunction hearing is scheduled for 19 September 2023, signifying the commencement of legal proceedings.
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