Alleged fraudster got $10 million in royalties using robots to stream AI-made music
- North Carolina musician Michael Smith was indicted for allegedly earning over $10 million in royalties from AI-generated songs streamed by bots on platforms like Spotify and YouTube Music.
- Smith, in collaboration with an AI music company CEO and a music promoter, created hundreds of thousands of songs to facilitate the fraud starting in 2018.
- He faces multiple charges, including wire fraud and money laundering, each potentially leading to a 20-year prison sentence.
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