Berman Jerry Nowlin, a 21-year-old convicted for his role in a $135,000 NFT “rug pull” scheme, died by suicide on December 21, 2024, at his home in Alabama, just weeks before his sentencing. His ...
On May 3, 2023, a jury found a former NFT marketplace manager guilty of wire fraud and money laundering for his misuse of “confidential business information” with the intent to profit off the sales of ...
Two California men, Gabriel Hay and Gavin Mayo, have been indicted for reportedly defrauding investors in several NFT rug pull schemes that saw $22 million drained from victims, December 20 Los ...
U.S. Department of Justice charged two men with $22 million non-fungible token fraud, alleging deceptive roadmaps and rug pulls. The defendants are accused of abandoning NFT projects, splitting funds, ...
LOS ANGELES, Calif. – On Friday, a six-count indictment was unsealed charging Gabriel Hay of Beverly Hills and Gavin Mayo of Thousand Oaks in connection with defrauding investors of more than $22 ...
Non-fungible tokens (NFTs) can conjure up images of dazzling digital artwork, auctioned for staggering sums. But this perception, fueled by pop culture and headline-grabbing auctions, is only one ...
Nike’s dalliance with the world of non-fungible tokens (NFTs) has landed the Swoosh in court. One customer who bought Nike NFTs filed a complaint in federal court Friday alleging the sneaker company ...
The French developer of the Mutant Ape Planet NFT collection faces up to five years in prison after pleading guilty to wire fraud charges. The creator of the Mutant Ape Planet nonfungible token (NFT) ...
X Corp., formerly known as Twitter, filed a lawsuit Thursday in Dallas County district court, accusing five unnamed defendants of hacking into one user's account to sell fake NFTs. The suit, spotted ...