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US Charges 2 Men in $22 Million NFT Rugpull Crypto Fraud Scheme

US Charges 2 Men in $22 Million NFT Rugpull Crypto Fraud Scheme



Two Southern California men, Gabriel Hay and Gavin Mayo, face charges for allegedly defrauding investors of over $22 million in cryptocurrency through fraudulent NFT and digital asset schemes. The indictment reveals they conducted a series of “rugpulls,” soliciting funds for NFT projects that were abandoned after collecting investments. The alleged scams involved projects like Vault […]



Source: https://news.bitcoin.com/us-charges-2-men-in-22-million-nft-rugpull-crypto-fraud-scheme/

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