{
}
The Second Circuit partially affirmed the dismissal of a whistleblower's claims against Novartis regarding alleged violations of the Anti-Kickback Statute, while remanding other claims for further evaluation. In a separate case, Southern California Medical Center and its owners agreed to pay $10 million to resolve allegations of submitting false claims and paying kickbacks related to Medicare and Medi-Cal. Additionally, two California men were charged with defrauding investors of over $22 million in a cryptocurrency scheme involving nonfungible tokens.
Two California men, Gabriel Hay and Gavin Mayo, have been charged with conspiracy and wire fraud for allegedly orchestrating a $22 million NFT investment scheme. The duo is accused of conducting multiple rug pull scams, misleading investors about various NFT projects, including the Vault of Gems, and engaging in harassment against a developer who exposed their activities. If convicted, they face up to 25 years in prison.
Gabriel Hay and Gavin Mayo, both 23, have been arrested for allegedly defrauding investors of over $22 million through a series of fraudulent NFT projects, including Vault of Gems. The Department of Justice charged them with conspiracy to commit wire fraud and harassment of whistleblowers, using intimidation tactics to silence those exposing their schemes. Their operations involved misleading investors with false promises and fake ownership claims across multiple projects.
The Grid, a new Web3 structuring and verifying system, aims to enhance blockchain accessibility by providing detailed ecosystem metadata, akin to Google Maps for blockchain data. Co-founder Jonathan Knegtel emphasizes the importance of combining AI with human oversight to ensure high-quality, reliable information. Initially partnered with Solana, The Grid seeks to standardize data across the Web3 landscape, enabling better integration for various platforms.
Two California men, Gabriel Hay and Gavin Mayo, have been arrested and charged with defrauding investors of over $22 million through a series of NFT projects, including Vault of Gems and Faceless. The duo allegedly made false statements about their projects and threatened individuals who tried to expose their fraudulent activities. The Justice Department is committed to combating digital asset fraud and has identified multiple projects involved in the scheme.
Two California men, Gabriel Hay and Gavin Mayo, have been charged with orchestrating a $22 million NFT rug pull scheme, marking the largest NFT fraud case prosecuted by the U.S. Department of Justice. They allegedly misled investors with false claims about various NFT projects on the Ethereum and Solana blockchains, before abandoning them and leaving investors with losses. If convicted, they face up to 20 years in prison for conspiracy and wire fraud, along with five years for stalking a project manager who exposed their activities.
Gabriel Hay
People
The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
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