Nfts
US charges three in connection with Evolved Apes NFT scam
“The defendants operated a scam to drive up the price of digital artwork by making false promises about the development of a video game,” U.S. Attorney Damian Williams said in a statement. “They allegedly took investors’ funds, never developed the game, and pocketed the profits. Digital art may be new, but the old rules still apply: making false promises of money is illegal .”