The French developer responsible for the Mutant Ape Planet NFT collection has recently pleaded guilty to wire fraud charges, which could lead to a maximum prison sentence of five years. This news comes as a significant development in the ongoing legal proceedings surrounding the NFT collection. The developer’s admission of guilt indicates that they acknowledge their involvement in fraudulent activities related to the project. The potential consequences of this plea include a lengthy imprisonment period, highlighting the severity of the charges brought against them. The case will continue to unfold as further details and sentencing are determined by the court.
HomeDIGITAL ASSETS REGULATORYworldwide-stablecoinCreator of Mutant Ape ripoff NFTs pleads guilty to $3M fraud scheme