This week in the NFT world, Ethereum-based collections like Pudgy Penguins and Azuki have driven sales volumes to over $300 million, marking a significant surge in December. By Dec. 21, NFT sales hit $678 million, surpassing November's record. Meanwhile, two 23-year-olds from California face charges for allegedly executing rug pulls, defrauding investors of $22 million through misleading NFT projects. Despite challenges, NFTs continue to thrive, with 2024 seeing a 62% increase in unique buyers, reaching 7.5 million. Stay tuned for more updates in this dynamic space.