NFT Developer Charged in $2.9 Million Fraud Scheme

Prosecutors Say 24-Year-Old Mutant Ape Planet Promoter Tricked Investors
U.S. authorities in New York arrested a 24-year-old French national residing in the United Arab Emirates and charged him with defrauding buyers of Mutant Ape Planet NFTs, a type of digital asset, saying he defrauded investors out of more than $2.9 million.

ape arrested asset developer digital emirates fraud french investors mutant ape national new york nft nfts old united united arab emirates