Bitcoin.com News - Three British men are charged with defrauding NFT investors by promoting fake video game development to inflate prices and steal money

in #blockchain • 2 months ago

https://news.bitcoin.com/doj-and-fbi-unveil-charges-against-3-uk-nationals-in-nft-rug-pull-scam/
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Three young British men are accused of running a crypto scam.

They sold digital artwork ("Evolved Apes" NFTs) with the promise of a video game (to increase value), but never made the game and stole the investor money.

This is a common scam tactic called a "rug pull" and the men face up to 20 years in prison each.

Beware of rug pull scams!!

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#horror #scam #british #men #nft #fake #game
2 months ago in #blockchain by
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     2 months ago 

    Upvoted! Thank you for supporting witness @jswit.

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