Crypto AI Agent Raises $7.5M in Hours Before X Suspension

Rapid Fundraising, Rapid Controversy

A Solana-based AI agent project, AI Pool, managed to raise $7.5 million in a presale in less than 24 hours before facing unexpected suspension on X (formerly Twitter). The agent, created by X user "Skely," had attracted significant attention due to its unique approach to managing blockchain interactions autonomously.

The Pitch That Caught Fire

AI Pool leveraged a Trusted Execution Environment (TEE) to promise unparalleled security for investors. According to Skely, the technology ensured no human could access private keys associated with the generated tokens, mitigating potential risks like hacks or mismanagement.

"Even if I get hacked, I can’t steal the funds," Skely wrote in a post before his suspension.

Investors were instructed to send a minimum of 1 SOL (roughly $20) to the agent’s public address and would receive tokens airdropped in return. At its peak, the wallet had amassed 38,000 SOL, valued at approximately $7.5 million USD.

Issues Arise

Despite the excitement, several red flags emerged:

• Investors reportedly ignored a 10 SOL maximum investment limit, contributing significantly larger sums.
• The project's legality remains murky, as token sales to U.S. investors could be deemed a securities offering under SEC regulations.

Skely acknowledged the confusion in his posts, calling the situation a challenge due to the autonomous nature of the AI and its TEE framework.

Suspension and Unanswered Questions

Both Skely’s and AI Pool’s X accounts were suspended shortly after the presale concluded. The reasons for the suspension remain unclear, sparking speculation about potential legal or ethical breaches.

Broader Implications

The incident highlights the growing appeal—and risks—of autonomous AI agents in the blockchain space. While these projects promise innovation, they also raise serious questions about regulatory compliance and investor protections.

Recent lawsuits, such as one involving the memecoin HAWK, underscore the legal scrutiny surrounding crypto ventures. Investors should remain cautious, especially as regulatory bodies like the SEC intensify their focus on blockchain-based projects.

What’s Next?
The sudden suspension of AI Pool and its creator adds to the uncertainty surrounding this nascent sector. As the crypto community eagerly awaits clarity, the incident serves as a stark reminder of the risks tied to unregulated investments in emerging technologies.

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