'Mutant Ape Planet' NFT Seller Arrested For Alleged Fraud (1) - Bloomberg Law

‘Mutant Ape Planet’ NFT Seller Arrested For Alleged Fraud (1) – Bloomberg Law

By Erik Larson

United States district attorneys billed a French nationwide with ripping off purchasers of his “Mutant Ape Planet” non-fungible symbols, affirming he deceived financiers out of greater than $2.9 million in cryptocurrency prior to his apprehension Wednesday in at a New York flight terminal.

Aurelien Michel, 24, that resides in the United Arab Emirates, wrongly guaranteed purchasers of the NFTs unique benefits as well as advantages that he declared were made to boost need for the one-of-a-kind photos as well as improve their worth, United States Attorney Breon Peace in Brooklyn, New York, stated in a declaration on Thursday.

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