Frosties Nft Scheme Leads To Fraud Conspiracy Charges For 2 Men Doj
Ethan Nguyen and Andre Llacuna were both charged with conspiracy to commit wire fraud and conspiracy to commit money laundering after a criminal complaint was filed against them. According to the U.S. Department of Justice, the duo sold the NFTs to investors but did not give them the “benefits advertised” after the transaction was complete. Instead, the funds from the sales went into different cryptocurrency wallets that the two operated....