“Mutant Ape Planet” NFT Designer Pleads Guilty to Fraud, Faces 5 Years in Prison

Aurelien Michel, the 25-year-old designer of “Mutant Ape Planet” NFTs, pled guilty to conspiring to commit wire fraud at the federal courthouse in Brooklyn, New York, on Tuesday. A $3 million fraud scheme Michel admitted to luring in NFT investors with promises of giveaways, tokens, merchandise collections, and staking features. He then abandoned these promises, The post “Mutant Ape Planet” NFT Designer Pleads Guilty to Fraud, Faces 5 Years in Prison appeared first on Cryptonews .