French arrested in the United States for multimillion dollar fraud

US authorities have arrested a French developer, accused of orchestrating fraud on a collection of NFTs. Called Mutant Ape Planet, it allowed the defendant to raise $2.9 million.

A $2.9 million fraud

This was announced by the US Department of Justice arrested and reported against the founder of the non-fungible token (NFT) collection called Mutant ape planet. According to them, this project was a fraud that allowed him to extort $2.9 million from his community.

It turns out that the alleged perpetrator of this fraud is a Frenchman. Called Aurelien Michel, this 24-year-old developer was arrested last night at JFK airport in New York by federal authorities. She was in transit to his place of residence, the United Arab Emirates.

“Buyers of Mutant Ape Planet NFT thought they were investing in the fantastic new collection, but were deceived and received none of the promised benefits. »

The false advantages in question? The US Justice Department claims Aurélien Michel and his colleagues made promises the issuance of a token, a staking function, clothing and goodies offered, as well as numerous freebies. Of course, none of this happened.

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A serial scammer

Furthermore, several pieces of evidence directly overwhelm the main defendant. In fact, during a Discord discussion with Mutant Ape Planet buyers, Michel admitted that he had actually orchestrated a throwbut only thanks to the community:

“We never intended to pull a carpet, but the community has become too toxic. »

Finally, the very popular ZachXBT noted on Twitter that Aurélien Michel would also be the sponsor of another pull-pull, called Crazy Camel Club. This would have raised $1.6 million last April :

In recent weeks, the crypto community has been hunting scammers and more primarily fraudulent NFT collections. Among the most important cases the actress Lana Rhoades, accused of embezzling $1.5 million or influencer Logan Paul, caught by videographer Coffeezilla for a multi-million pound scam.

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Source: US Department of Justice

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