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US Charges 2 Men in $22 Million NFT Rugpull Crypto Fraud Scheme

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Two Southern California males, Gabriel Hay and Gavin Mayo, face fees for allegedly defrauding traders of over $22 million in cryptocurrency by way of fraudulent NFT and digital asset schemes. The indictment reveals they performed a sequence of “rugpulls,” soliciting funds for NFT initiatives that had been deserted after accumulating investments. The alleged scams concerned initiatives like Vault […]



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