CRIMEDECRYPT
Feds Say an NFT Founder Raised $10 Million Only to Blow It All on Gambling, Trading, and a DJ Hobby
The founder of NFT marketplace Few and Far is accused of raising $10 million from investors under the promise of building a Web3 platform, but instead spent the funds on gambling, trading, and personal hobbies like DJing. Prosecutors allege the money was diverted to personal expenses rather than the stated business purpose.
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