Two guys from Southern California, Gabriel Hay and Gavin Mayo, are facing serious charges for allegedly swindling investors out of more than $22 million through fake non-fungible token (NFT) and digital asset schemes. According to court documents, these guys pulled off a string of “rugpulls,” which means they promised big returns on NFT projects but instead just took the money and ran once they had enough investments.
Some of their shady projects included Vault (which sounds super sketchy already). Yikes!
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