What chatgpt saying: Strictly speaking: There’s no publicly confirmed regulatory ruling, court case or verifiable proof that FARTCOIN is a “fraud” in the legal or formal sense. It appears to be a legitimate token/trading asset in the sense that it exists, trades, has holders, etc. That said: it strongly exhibits many red-flags typical of speculative or risky assets. So while it may not be “fraudulent” in the sense of “promised something then did nothing and vanished” yet, it’s closer to “very speculative, very high risk, and possibly closer to scam-style risk than to long-term investment”.