“The defendants ran a scam to drive up the price of digital artwork through false promises about developing a videogame,” U.S. Attorney Damian Williams said in a statement. “They allegedly took investor funds, never developed the game, and pocketed the proceeds. Digital art may be new, but old rules still apply: making false promises for money is illegal.”
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Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure A Bitcoin-focused company based in Paris wants...
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Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure A growing number of experts warn that...
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