Mutant Ape Planet creator arrested in NY for alleged $2.9M NFT ‘fraud’
1 min read
The developer of a Mutant Ape Yacht Club knock-off collection — Mutant Ape Planet — has been arrested in New York, charged with allegedly “defrauding” investors of $2.9 million in a “rug pull scheme.”
The arrest took place on Jan. 4 at the John F. International Airport in New York, with homeland security agent Ivan J. Arvelo
Popular influencer and former adult film star Lana Rhoades was accused of being behind one of the bigger rug pulls of 2022, after reportedly walking away with $1.5 million from sales of an NFT project which has seen less than 1 ETH worth of sales since its Feb. 2022 launch.
