đŻNFT Heist Creator Mutant Ape Pleads Guilty to $3 Million Fraud
đThe creator of the Mutant Ape Planet collection of non-fungible tokens (NFTs), a knockoff of Yuga Labs' Yacht Club Mutant Ape project, pleaded guilty to conspiracy to commit wire fraud in New York federal court.
đIn a November 14 statement, the U.S. Attorney's Office for the Eastern District of New York said French national AurĂ©lien Michel pleaded guilty to "rug pulling" and admitted to defrauding investors out of $3 million in connection with the "Planet of the Mutant Apes" NFT scams.