The developer of the Mutant Ape Planet, a ripoff of the popular Mutant Ape Yacht Club (MAYC) non-fungible token (NFT) collection, was ordered by a court to forfeit $1.4 million and pay a $15,000 ...
These canine NFT companions sell for over $100,000 on marketplaces like OpenSea and Sotheby’s. And if that’s not enough, the Yuga Labs team also released a subsequent collection called Mutant Ape ...
insisting purchasers of “Mutant Ape Planet” NFTs received “digital artwork”. An NFT confirms unique ownership of a digital asset. They were most popularly used for digital art or collectibles such as ...
A French national who sought to exploit the frenzy for nonfungible tokens in 2022 by selling his “Mutant Ape Planet” digital ... promised thousands of NFT buyers “exclusive” benefits ...
insisting purchasers of “Mutant Ape Planet” NFTs received “digital artwork.” An NFT confirms unique ownership of a digital asset. They were most popularly used for digital art or collectibles such as ...
BAYC has also inspired several spin-off best NFT collections, including the Mutant Ape Yacht Club (MAYC) and Bored Ape Kennel Club. Beyond being mere digital art, BAYC offers tangible benefits to its ...
Mutant Ape NFT ripoff creator to forfeit $1.4 million, avoids prison While the Mutant Ape Planet creator Aurelien Michel pleaded guilty to defrauding investors, a judge sentenced the French ...