Operators of the alleged scam promised investors their funds would be used to build a functioning casino and entertainment facility in the Sandbox metaverse. The plans included “a virtual stadium for virtual games and concerts, a virtual hotel, a virtual movie theater, a virtual bowling alley … [and] a virtual hockey team named ‘Flamingos,’” according to the orders.
The heady growth is about as preordained as anything could be in DeFi. Sky is spending $2 million a month...
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