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Mutant Ape Planet creator arrested in NY for alleged $2.9M NFT ‘fraud’

The developer of a Mutant Ape Yacht Club knock-off collection — Mutant Ape Planet — has been arrested in New York, charged with allegedly “defrauding” investors of $2.9 million in a “rug pull scheme.” The arrest took place on Jan. 4 at the John F. International Airport in New York, with homeland security agent Ivan J. Arvelo alleging that French national “Aurelien Michel perpetrated a rug pull scheme” and stole “nearly $3 million from investors for his own personal use,” stating: “Purchasers of Mutant Ape Planet NFTs thought they were investing in a trendy new collectible, but they were deceived and received none of the promised benefits” Internal Revenue Service agent Thomas Fattorusso was also cited in a press release from the Department of Justice, alleging that “Miche...

Gareth Bale: Real Madrid blocked my return to Premier League

Gareth Bale has accused Real Madrid of making it “very difficult” to leave the Spanish club as the Wales forward looks to end his Bernabeu exile. Bale is out of favour with Real manager Zinedine Zidane and played just 48 minutes of Madrid’s 12 games when the Spanish season resumed after the coronavirus lockdown. Zidane, who has feuded with Bale throughout his two spells in charge, said the winger did not want to play in last season’s Champions League last-16 second-leg tie at Manchester City. Bale has two years left on his Real contract, but there appears little chance he will force his way into the manager’s plans. The 31-year-old almost joined Chinese Super League club Jiangsu Suning in 2019 before Real pulled the plug on the deal, a decision that still irks Bale. “I think the club needs...