Blast Ecosystem Sees First Apparent Scam as ‘RiskOnBlast’ Rug Pulls $1.3M Ether
Blast, in an X post, termed the project’s potential as “undeniable,” which may have created a sense of security among investors.
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Rug Pull
Blast, in an X post, termed the project’s potential as “undeniable,” which may have created a sense of security among investors.
The developer behind the Mutant Ape Planet non-fungible token (NFT) collection – a knockoff of the Mutant Ape Yacht Club NFTs – pleaded guilty on Tuesday to defrauding buyers in a rug pull that netted almost $3 million, according to the U.S. Department of Justice (DOJ).