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At close · Tue, Aug 4, 2026
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HomeCryptoAltcoinsNFT founder accused of using investor money for DJ hob…

NFT founder accused of using investor money for DJ hobby, gambling

Prosecutors allege the defendant stole millions of dollars from investors to fund his lifestyle.

The Block reports that an NFT founder is facing fraud charges after prosecutors alleged he misused investor funds.

Prosecutors say the funds, totaling millions of dollars, were used to support the founder's lifestyle, including financing a DJ hobby and gambling.

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