Aurelien Michel, the developer of the Mutant Ape Planet NFT collection, has pleaded guilty to defrauding buyers in a rug pull that resulted in nearly $3 million in profit. Michel, a French citizen residing in the United Arab Emirates, was arrested in New York and faces up to five years in prison. He has also agreed to pay $1.4 million in forfeiture. Michel admitted to the rug pull in the community's Discord channel under the pseudonym "James," stating that the community had become too toxic.
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Developer of Mutant Ape Planet NFTs Pleads Guilty to $3M Fraud in Rug Pull Scandal
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Cyvers: Mask Network founder suspected of being stolen, losing nearly $4 million
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Solv Protocol's official X account was stolen and published false information, please beware of the risks
according to SlowMist's monitoring, the official X account of Solv Protocol has been hacked and false information has been released. Please stay vigilant and beware of risks. -
Scam Sniffer: Superchain Eco official X account was stolen and released phishing links, please be aware of the risks
according to Scam Sniffer, the X account of Superchain Eco (@SuperchainEco) has been hacked and a phishing link has been released. Users should be vigilant of the risks. -
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Cointime August 10th News Express
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