Mutant Ape Heist: Creator Avoids Jail Time

The “Mutant Ape Planet” scam mastermind, Aurelien Michel, just played the system - no jail time, but he’s down $1.4M.

After selling NFTs to rake in $2.9M, he delivered nothing on his promises of merch, land, and perks, leaving buyers clutching worthless digital receipts.

With just a $15K fine and a month in the clink (already served), he’s clear to keep the rest.

Welcome to the first official US ruling on NFT scams.

Source: Bitcoinist