The U.S. Justice Department announced Thursday it had arrested and filed criminal charges against the founder of an NFT project it alleges “rug pulled” holders and defrauded them of $2.9 million in cryptocurrency. Aurelien Michel, 24, the founder of Ethereum NFT collection Mutant Ape Planet, was arrested last night at JFK airport in New YorkvCitvy by federal authorities on wire fraud charges. Michel, a French citizen, resides in the United Arab Emirates (UAE).
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