Creator of Mutant Ape Planet NFTs Pleads Guilty to $3M Fraud, Faces 5 Years in Prison
- Developer of Mutant Ape Planet NFT collection pleaded guilty to $3M fraud
- He was arrested in NY earlier this year, faces up to 5 years in prison
- He agreed to pay $1.4M in forfeiture
- Authorities say he admitted to rug pull in Discord under pseudonym
- He said community went "too toxic" to justify the rug pull