U.S. Charges Three in Connection With Evolved Apes NFT Scam
Evolved apes was a $3 million NFT rug pull that lured investors in with the promise of developing a video game.
Rug Pull
Crypto Hacks, Rug Pulls Led to $473M Worth of Losses in 2024: Immunefi
More than $473 million worth of cryptocurrency has been lost to hacks and rug pulls in 2024, according to a report by security researcher Immunefi
Blast Ecosystem Sees First Apparent Scam as ‘RiskOnBlast’ Rug Pulls $1.3M Ether
Blast, in an X post, termed the project’s potential as “undeniable,” which may have created a sense of security among investors.
‘Mutant Ape Planet’ NFT Developer Pleaded Guilty in $3M Fraud
The developer behind the Mutant Ape Planet non-fungible token (NFT) collection – a knockoff of the Mutant Ape Yacht Club NFTs – pleaded guilty on Tuesday to defrauding buyers in a rug pull that netted almost $3 million, according to the U.S. Department of Justice (DOJ).