A musician in North Carolina by the name of Michael Smith has been arrested for streaming fraud which allegedly saw him collect $10million from AI-generated songs.
Yesterday (September 4), Smith’s house was raided by the FBI and arrested the 52-year-old musician, who was charged with money laundering, wire fraud and conspiracy to commit wire fraud. He is alleged to have raked in over $10 million by using bot accounts to stream AI-generated music. According to Stereogum, Smith may face roughly 60 years in prison.
Källa: FBI arrest musician for streaming fraud and allegedly collecting $10million from AI-generated songs