DOJ Files Charges Against ‘Baller Ape Club’ NFT Promoter in Rug-Pull Scam

DOJ Files Charges Against ‘Baller Ape Club’ NFT Promoter in Rug-Pull Scam
The Department of Justice (DOJ) building in Wash., on Feb. 1, 2022. Stefani Reynolds/AFP via Getty Images
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According to a U.S. Department of Justice (DOJ) statement, six people have been charged in cryptocurrency-related fraud cases, including Non-Fungible Token (NFT) scams.

DOJ has announced criminal charges against the Baller Ape Club NFT collection’s creator for involvement in the “rug pull” scam.