Nov 14, 10:10 pm
Decrypt
Founder of Mutant Ape Planet NFT Collection Pleads Guilty to Wire Fraud Charges in Rug Pull Scheme
Aurelien Michel, the founder of the Mutant Ape Planet NFT collection, has pleaded guilty to wire fraud charges and faces up to five years in federal prison. He defrauded Mutant Ape NFT holders of nearly $3 million in a rug pull scheme. Michel has also agreed to pay $1.4 million in forfeiture.
