Morocoin / Berge Blockchain / Cirkor / AI Wealth Investment Club Network
Summary
Morocoin Tech Corp., Berge Blockchain Technology Co. Ltd., Cirkor Inc., AI Wealth Inc., Lane Wealth Inc., AI Investment Education Foundation Ltd., and Zenith Asset Tech Foundation are seven entities charged by the SEC on December 22, 2025 (Case No. 1:25-cv-04102, D. Colo.) with defrauding at least $14 million from U.S. retail investors in a coordinated pig-butchering and AI-themed investment confidence scheme operating from January 2024 through January 2025. The scheme used WhatsApp-based fake investment clubs, deepfake social media advertisements, fabricated AI-generated trading signals, and counterfeit trading platforms that conducted no actual trading, followed by advance fee demands to further extract funds from victims attempting withdrawals.
Connected Entities
1 entities · 10 linked investigations- + 7 more
Timeline(10 events)
2022-06
Berge Blockchain Technology Co., Ltd. incorporated (approximately); domain bergev[.]org established
The Hacker News / SEC complaint2023-12
Morocoin Tech Corp. incorporated (approximately); domain h5.morocoin[.]top established
The Hacker News / SEC complaint2024-01
Scheme operational start: WhatsApp investment clubs begin recruiting victims via social media; AI Wealth, Lane Wealth, AIIEF, and Zenith begin operating
SEC Press Release 2025-1442024-05
Cirkor Inc. incorporated (approximately); domain cirkortrading[.]com established
The Hacker News / SEC complaint2024-06
Morocoin notifies investors of a fabricated SEC investigation, demanding 'expedited withdrawal fees' within 10 days or face three-year account freeze
Finance Magnates2025-01
Scheme operational end: operations across all seven entities cease approximately January 2025
SEC Press Release 2025-1442025-02-20
SEC launches Cyber and Emerging Technologies Unit (CETU), which will bring the Morocoin case; CETU replaces the prior Crypto Assets and Cyber Unit
SEC Press Release 2025-422025-12-22
SEC files complaint in U.S. District Court for the District of Colorado (Case No. 1:25-cv-04102) against all seven entities, alleging at least $14 million in investor losses
SEC Litigation Release LR-264532025-12-23
SEC issues press release 2025-144 announcing charges; reports indicate litigation release LR-26453 issued same period
SEC Press Release 2025-1442026-02-27
McGuireWoods publishes legal analysis of SEC v. Morocoin raising jurisdictional 'Schrodinger's Asset' question about whether tokens were securities for all investors
Securities Docket / McGuireWoodsDecision Log
- hash: 2YHHv4fi2ARFEHr8CG9LDsuDdiAaU7k3mStmL8BfvwKK
This investigation is cryptographically anchored to the Solana blockchain and source URLs are archived via the Internet Archive.
model: claude-sonnet-4-6
generated: 6/2/2026, 9:24:55 PM
last updated: 6/2/2026, 9:25:17 PM
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