NFT Marketplace Founder Allegedly Diverts Millions In Investor Funds to Gambling And Personal Hobbies

An NFT startup founder faces federal fraud charges after allegedly raising over $10 million from investors through token agreements and redirecting the money to personal uses like online gambling and a DJ hobby rather than building the platform. The case centers on securities and wire fraud allegations in New York federal court. The post NFT Marketplace Founder Allegedly Diverts Millions In Investor Funds to Gambling And Personal Hobbies appeared first on The Daily Hodl.