#NFT

U.S. authorities have brought charges against three British nationals, the creators of the NFT project Evolved Apes, for conspiracy to commit fraud and money laundering. Investigators claim that Mohamed-Amin Atcha, Mohamed Rilaz Waleedh, and Daood Hassan promised to develop a video game but disappeared just two weeks after the fundraising.

Dapper Labs, creators of the NBA Top Shot NFT collection, will pay $4 million to settle a lawsuit with token holders who accused the company of selling unregistered securities. The plaintiffs have agreed to withdraw the lawsuit and refrain from filing future claims.