#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.

The Securities and Exchange Commission (SEC) of the United States secretly investigated Dapper Labs, known for its NFT initiatives, concluding its probe on September 29, 2023. Fortune, an American business publication, disclosed this based on an internal agency document.