The Securities and Exchange Commission (SEC) has filed a lawsuit against Ilit Raz, CEO and founder of the insolvent artificial intelligence recruitment firm Joonko. The complaint filed in the U. S. District Court for the Southern District of New York accused Raz of defrauding investors regarding the firm’s financial status and performance indicators, with the The post SEC Charges AI Startup Founder Ilit Raz for Defrauding Investors $21M appeared first on CoinGape .