AI & Enterprise
Ex-FTX executive launches AI trading platform claiming profits without losses
Patrick Gruhn, a former head of FTX\'s European business, unveiled an AI-based trading platform called UpsideOnly that claims users can earn without bearing losses. Users submit simulated trade ideas, and an AI selects signals that Perpetuals.com executes with its own funds. The AI model is reported to have trained on more than 11 billion past trades, with much of the data sourced from FTX Europe’s customer base, drawing criticism and raising questions about sustainability.
