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US court charges two men with $22 million NFT fraud

According to DL News, the US Department of Justice (DOJ) has charged Gabriel Hay and Gavin Mayo with defrauding investors out of $22 million through a fraudulent NFT project. The media said, “This is the largest NFT fraud case ever prosecuted in the United States. Hay and Mayo are accused of raising funds by falsely claiming that Vault of Gems and Faceless were the first NFT projects to be linked to real-world assets, then halting the projects and privately using the funds. If convicted, the two could face up to 60 years in prison.” the media reported.

Solana's memecoin 'CHILLGUY' reaches an agreement with the character copyright holder... IP contract signed.

'Just a CHILLGUY' (CHILLGUY, hereinafter referred to as CHILLGUY) has concluded a dispute with the character copyright holder. Chillguy is a memecoin based on Solana (SOL) that was released on the 15th of last month. It is based on the character of the same name, which became popular

blockchain crypto cryptocurrency Ethereum NFT weekly sales exceed 200M usd (SpotedCrypto)

Ethereum NFT weekly sales exceed $200 million

CoinTelegraph, citing CryptoSlam data, reported that “last week, the Ethereum network's NFT weekly sales reached $201 million, an increase of 76% from the previous week, accounting for 66% of all NFT sales.” The Furry Penguins NFT collection recorded a trading volume of $54.4 million, followed by the

blockchain crypto cryptocurrency Gate.IO hack rumors (SpotedCrypto)

Centralized Exchange Gate.io Hack Rumors...Asset Withdrawal Recommended

Breaking News Feed for Economy Aggr News via X “There are rumors that the cryptocurrency exchange Gate.io has been hacked. It is recommended to withdraw assets.” Aggr News, a breaking news feed specializing in economics, reported via X that ”there are rumors that the cryptocurrency exchange Gate.io has

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