The developer of a Mutant Ape Yacht Club knock-off collection has allegedly “defrauded” investors of $2.9 million and admitted to a rug pull.
Source: https://cointelegraph.com/news/mutant-ape-planet-creator-arrested-in-ny-for-alleged-2-9m-nft-fraud
Mutant Ape Planet creator arrested in NY for alleged $2.9M NFT ‘fraud’
January 6, 2023
CoinTelegraph