The U.S. Department of Justice has filed a lawsuit against two men from Beverly Hills and Ventura County, accusing them of implementing "rug pull" scams through multiple NFT projects, involving over $22 million.🎭
The two young men are 23-year-old Gabriel Hay and Gavin Mayo, who are charged with conspiracy to commit wire fraud, wire fraud, and stalking harassment, among other offenses. The case involves multiple NFT projects, such as Vault of Gems, Faceless, and Sinful Souls.💼
It is reported that they deceived investors through false advertising and misleading roadmaps, and harassed whistleblowers after their identities were revealed. The case is being investigated by the U.S. Department of Homeland Security.🔍