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california duo faces fraud charges in 22 million dollar nft scheme
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.
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