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Mutant Ape NFT Creator To Forgo $1.4 Million, Escapes Jail Time

Bitcoinist LogoBitcoinist2d ago

Mutant Ape NFT Creator To Forgo $1.4 Million, Escapes Jail Time - Bitcoinist

Quick Summary:

In an interesting development, the creator of the fraud NFT collection "Mutant Ape Planet” Aurelien Michel is set to avoid a prison sentence following a recent court ruling.

However, the defendant has been ordered to forgo over $1 million as punishment for conducting a rug pull.

Judge Brodie’s sentence is considerably light in comparison to the prosecutors’ request for a 37-month prison sentence.


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Mutant Ape NFT Creator To Forgo $1.4 Million, Escapes Jail Time - Bitcoinist (Picture 1)

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Article Details

Author / Journalist: Semilore Faleti

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-03 @ 17:00:14 (2 days ago)

News Timezone: GMT +8:00

News Source URL: bitcoinist.com

Language: English

Article Length: 412 words

Reading Time: 3 minutes read

Sentences: 28 lines

Sentence Length: 15 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bitcoinist

News ID: 23382909

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About Bitcoinist

Bitcoinist Logo

Main Topics: Crypto

Official Website: bitcoinist.com

Update Frequency: 7 posts per day

Year Established: 2014

Headquarters: Hungary

News Last Updated: 9 hours ago

Coverage Areas: Hungary

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #105

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The story "Mutant Ape NFT Creator To Forgo $1.4 Million, Escapes Jail Time" was covered 2 days ago by Bitcoinist, a news publisher based in Hungary.

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  • URL: https://beamstart.com/news/mutant-ape-nft-creator-to-17306543051908

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