Latest Update
8/5/2026 6:45:00 PM

NFT Founder: Feds Allege $10M Spent on Gambling

NFT Founder: Feds Allege $10M Spent on Gambling

Feds allege NFT founder raised $10 million then spent it on gambling, trading and DJ hobby in fraud case.

Source

Analysis

Federal authorities charge that an NFT founder raised $10 million from backers before diverting the proceeds into gambling, trading and a DJ hobby.


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