Two Southern California males, Gabriel Hay and Gavin Mayo, face expenses for allegedly defrauding traders of over $22 million in cryptocurrency via fraudulent NFT and digital asset schemes. The indictment reveals they carried out a collection of “rugpulls,” soliciting funds for NFT initiatives that have been deserted after accumulating investments. The alleged scams concerned initiatives like Vault […]
US Expenses 2 Males in $22 Million NFT Rugpull Crypto Fraud Scheme
Timmy Grimberg
Timmy is a passionate cryptocurrency enthusiast and experienced writer with a knack for breaking down complex blockchain concepts into digestible insights. With years of experience covering crypto trends, market analysis, and emerging blockchain technologies, Timmy strives to keep readers informed and ahead of the curve in the ever-evolving world of digital currencies. When not writing, Timmy enjoys exploring decentralized applications and engaging with the global crypto community.