A 24-year-old French man who created “Mutant Ape Planet” NFTs is facing federal charges in Brooklyn. He is accused of defrauding customers of $2.9 million.
Make your contribution now and help Gothamist thrive in 2023.unsealed Thursday, prosecutors allege Aurelien Michel lured eager purchasers of Mutant Ape Planet NFTs with false promises of exclusive raffles, a community cryptowallet and land in Facebook’s Metaverse.
After selling 9,999 ape NFTs in four days last February, Michel transferred the $2.9 million he’d amassed to his own cryptowallets, according to the federal complaint written by Kayla Blades, a special agent with the Department of Homeland Security. In June, after the alleged swindle, prosecutors say Michel posted an apology in the Mutant Ape Planet Discord Channel.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Developer of ‘Mutant Ape Planet’ NFTs Arrested, Charged With Fraud for Alleged $2.9M Rug-PullThe 24-year-old developer behind the mutantapeplanet NFT collection has been arrested and charged with fraud for allegedly carrying out a $2.9 million rug pull, which he blamed on the “toxic” Mutant Ape Planet community. cheyenneligon reports
Read more »
Mutant Ape Planet creator arrested in NY for alleged $2.9M NFT 'fraud'Aurelien Michel, the developer of Mutant Ape Planet, has been charged with defrauding NFT investors of over $2.9 million in cryptocurrency. He was arrested in New York on Wednesday night.
Read more »
'Mutant Ape Planet' NFT developer charged in multi-million dollar schemeA man is accused of running a multi-million dollar scheme involved with the sale of digital images called 'Mutant Ape Planet' NFTs
Read more »
ApeCoin (APE) Sustains Weekly Growth as It Showcases Metaverse ImmunityApeCoin price slipped by 2% today but still strong on the weekly per bullish sentiment in the metaverse
Read more »
Magic Eden updates verification system after fake y00ts and ABC NFTsSolana's top NFT marketplace Magic Eden updates its verification system after fake y00ts and ABC NFTs sold on the platform.
Read more »