Everand Logo

Welcome to Everand!

  • Los Angeles Times

    6 indicted in cryptocurrency and NFT fraud schemes that netted more than $130 million

    by Christian Martinez, Los Angeles Times Jul 02, 2022 2 minutes
    An NFT titled "SHIFT//" by Mad Dog Jones is on display during a press preview of the Natively Digital: A Curated NFT Sale at Sotheby's on June 4, 2021, in New York City.

    LOS ANGELES — Six people have been indicted in four separate cryptocurrency fraud cases involving more than $130 million in losses, including the single largest NFT scheme charged to date, federal prosecutors said this week.

    That scheme, prosecutors said, involved a group called the Baller Ape Club that claimed to sell NFTs, or nonfungible tokens, in the form of cartoon images of apes.

    A group

    You’re reading a preview, subscribe to read more.

    More from Los Angeles Times

    Los Angeles Times6 min readCrime & Violence
    UCLA’s Top Cop, Accused Of Security Lapse, Faces Calls To Step Aside. He Defends His Actions
    LOS ANGELES — The UCLA police chief is facing growing scrutiny for what three sources told the Los Angeles Times was a string of serious security lapses before a mob attacked a pro-Palestinian student encampment this week. But the chief, John Thomas,
    Los Angeles Times2 min read
    Bay Bridge To Be Relit, With Twice The Lights
    In the decade after they went up, the 25,000 LED lights illuminating the western side of the Bay Bridge endured a brutal pounding. “It’s the salty air, the wind, the fog, the rain, the 24-7 vibrations on the bridge, lightning strikes, car grit and gr
    Los Angeles Times3 min readCrime & Violence
    Before Mob Attack, UCLA Police Chief Was Ordered To Create Security Plan But Didn’t, Sources Say
    LOS ANGELES — On the morning before a mob attacked a pro-Palestinian student encampment at UCLA, campus Police Chief John Thomas assured university leadership that he could mobilize law enforcement “in minutes” — a miscalculation from the three hours

    Related Books & Audiobooks