rug
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...
Metaswap Gas incommunicado as experts link MGAS price drop to rug pull
Blockchain security company PeckShield has alerted investors of a possible rug pull event after identifying a massive 46.99% price drop on MetaSwap’s MGAS token. The MetaSwap protocol allows nonfungible token (NFT) swaps over the Ethereum, Binance and Polygon blockchains. Following the unexpected price drop, all official accounts linked with Metaswap Gas — including Twitter, Instagram and Medium — were removed, supporting PeckShield’s claim of a rug pull. #RugPull PeckShield has detected that @MetaSwapMGAS soft-rugged, the stolen funds (1,100 BNB) are transfered to @TornadoCash (#BSC). DO NOT STAKE in this contract and if you’ve approved it, REVOKE https://t.co/b7sSsMz3ZE — PeckShield Inc. (@peckshield) December 27, 2021 According to PeckShield, 1,100 BNB tokens worth almost $602,000...
Ondo Amotekun arrests illegal gold miners
The Ondo State Security Network also known as Operation Amotekun has announced the arrest of persons involved in illegal gold mining activities in the state. The suspects, according to the commander of Amotekun, Adetunji Adeleye, were arrested at different locations in Owo forest reserves on Sunday. He gave the names of those arrested as Shuaibu Yahaya, Habbi Usman, Kabiru Waheed, Mohammed Nurudeen, Mohammed Sulaman, Ali Mustapha, Ismaila Wahab, Musa Zeehed, Gabbar Musa, Sule Adamu, Abba Suleman, Usman Kabiru, Yahaya Danladi and Usman Ali Zekeri. The Amotekun official told journalists in Akure, Ondo State, on Monday that the suspects were arrested while operatives were enforcing the order given by Governor Rotimi Makinde that all illegal occupiers of forests reserved should vacate. “The ar...
10 Customs officers contracted coronavirus at Lagos ports – comptroller
File Photo The Controller of the Apapa Customs Command of the Nigerian Customs Service, Comptroller Mohammed Abba-Kura, on Thursday, said ten of his officers contracted the COVID-19 disease and were treated at the Lagos University Teaching Hospital (LUTH). This is even as the Controller stated that any vessel Red-Flagged for issues with health or safety concern will not be boarded by his officers until cleared by relevant government agencies. Addressing maritime journalists in his office, on Thursday, Comptroller Mohammed Abba-Kura explained that there is no way the Command can stop physical examination of cargoes for now because of the fear of COVID-19, that rather, it is important for individuals to observe physical hygiene while carrying out port activities. According to Abba-Kura, “Whe...
