Justice Department Unveils $22 Million Rug Pull Scammers
In a sweeping crackdown, California men Gabriel Hay and Gavin Mayo have been charged by the Department of Justice in connection with a series of alleged NFT investment scams that resulted in a devastating $22 million loss. The investigations focus on NFT schemes targeting unsuspecting investors, raising awareness about the ongoing risks in the cryptocurrency space. As the legal proceedings unfold, investors must remain vigilant and exercise caution to navigate the complex landscape of cryptocurrency investments.
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