Mutant Ape Planet creator arrested in New York for alleged $2.9 million NFT 'fraud'
Developer of counterfeit Mutant Ape Yacht Club collection allegedly defrauded investors of $2.9 million and admitted to pulling an all-in .
![Mutant Ape Planet creator arrested in New York for $2.9 million NFT 'fraud'](https://images.cointelegraph.com/cdn-cgi/image/format=auto,onerror= redirect,quality=90,width=1434/https://s3.cointelegraph.com/uploads/2023-01/980eab76-71b9-46b8-bd02-f596b6fe6c2f.jpg)
![Mutant Ape Planet creator arrested in New York for alleged $2.9 million NFT 'fraud'](https://images.cointelegraph.com/images/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjMtMDEvOTgwZWFiNzYtNzFiOS00NmI4LWJkMDItZjU5NmI2ZmU2YzJmLmpwZw==.jpg?#)
Developer of counterfeit Mutant Ape Yacht Club collection allegedly defrauded investors of $2.9 million and admitted to pulling an all-in .
![Mutant Ape Planet creator arrested in New York for $2.9 million NFT 'fraud'](https://images.cointelegraph.com/cdn-cgi/image/format=auto,onerror= redirect,quality=90,width=1434/https://s3.cointelegraph.com/uploads/2023-01/980eab76-71b9-46b8-bd02-f596b6fe6c2f.jpg)
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