Mutant Ape Planet creator arrested in NY for alleged $2.9M NFT 'fraud'

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Mutant Ape Planet creator arrested in NY for alleged $2.9M NFT 'fraud'
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  • 📰 Cointelegraph
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The developer of Mutant Ape Planet, Aurelien Michel, has been arrested in New York on Jan. 4, charged for allegedly duping victims out of $2.9 million in a rug-pull.

The developer of a Mutant Ape Yacht Club knock-off collection — Mutant Ape Planet — has been arrested in New York, charged with allegedly “defrauding” investors of $2.9 million in a"rug pull scheme."

“Purchasers of Mutant Ape Planet NFTs thought they were investing in a trendy new collectible, but they were deceived and received none of the promised benefits”

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