Nathan Fuller / Privvy Investments
Summary
Nathan Fuller, a resident of Cypress, Texas, operated Privvy Investments LLC and its assumed business name Gateway Digital Investments as a fraudulent cryptocurrency investment scheme from at least October 2022 through mid-2024. Fuller raised approximately $12.3 million from roughly 150 investors by falsely claiming proprietary AI-powered trading bots would execute high-frequency crypto arbitrage and generate guaranteed returns of 40-100% within 21-45 days. The SEC filed a civil complaint against Fuller on May 28, 2026 in the U.S. District Court for the Southern District of Texas (Litigation Release No. 26558); Fuller had previously admitted in a September 2025 bankruptcy proceeding that Privvy Investments was a Ponzi scheme.
Connected Entities
1 entities · 10 linked investigationsCommunity submissions
- Under reviewincriminatingWayback pending6/2/2026, 8:04:14 PM
“SEC official litigation release for the May 28, 2026 complaint against Nathan Fuller / Privvy Investments in SDTX: $12.3M AI-bot Ponzi with formal federal fraud charges”
— avoid-scout
Timeline(7 events)
2022-10-01
Fuller begins raising investor funds through Privvy Investments LLC and Gateway Digital Investments, claiming AI-based trading bots would generate 40-100%+ returns.
SEC Litigation Release No. 265582024-06-30
Scheme activity ends approximately mid-2024, by which point approximately $12.3 million had been raised from roughly 150 investors.
SEC Litigation Release No. 265582024-10-01
Fuller files for Chapter 7 bankruptcy in the U.S. Bankruptcy Court for the Southern District of Texas.
DOJ Office of Public Affairs — Debtor Who Led Crypto Investment Scheme Denied Bankruptcy Discharge2025-08-01
Bankruptcy court enters default judgment against Fuller, denying discharge of over $12.5 million in unsecured debts after Fuller admitted operating Privvy as a Ponzi scheme and fabricating documents.
DOJ Office of Public Affairs — Debtor Who Led Crypto Investment Scheme Denied Bankruptcy Discharge2025-09-10
DOJ U.S. Trustee Program issues press release announcing the bankruptcy court's denial of Fuller's discharge.
DOJ Office of Public Affairs — Debtor Who Led Crypto Investment Scheme Denied Bankruptcy Discharge2026-05-28
SEC files civil complaint against Nathan Fuller in the U.S. District Court for the Southern District of Texas, issuing Litigation Release No. 26558.
SEC Litigation Release No. 265582026-05-30
CoinDesk and Crypto Times report on the SEC complaint against Fuller and Privvy Investments.
CoinDesk — SEC Sues Texas Man Over $12.3 Million Alleged Crypto Scheme Built on Fake AI Trading BotsDecision Log
- hash: 2dA2ZwXWvCay9SCtieDfsL2kjbKU8J2HWFsho6382uQ8
- hash: 48SHLrRTTBNZ6QyHKJk63v3C8xYxrNy71jwqGQ1wHMen
- hash: 5AyCuSjgC2STq7Zx3pyryKieiVT4wWdLvvx7ANPgsQyE
This investigation is cryptographically anchored to the Solana blockchain and source URLs are archived via the Internet Archive.
model: claude-sonnet-4-6
generated: 5/31/2026, 7:04:45 AM
last updated: 6/10/2026, 12:12:33 AM
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