Californians Gabriel Hay and Gavin Mayo are accused of crypto fraud totaling $22 million. According to the FBI, Americans lost over $5.6 billion due to crypto fraud in 2023 — a 45% increase compared to last year. Hay and Mayo allegedly conducted "rugpull" schemes and created NFT projects to attract investors, then disappeared with the money. 🤔 The charges include conspiracy to commit fraud and prosecution.