Two California men, Gabriel Hay and Gavin Mayo, were indicted for allegedly defrauding investors of $22 million through NFT and digital asset rug pulls involving projects like Vault of Gems, Faceless, and Clout Coin. They face up to 25 years in prison if convicted.
Two California men, Gabriel Hay and Gavin Mayo, are charged with defrauding investors of over $22 million through NFT rugpull schemes. If convicted, they face up to 20 years in prison, highlighting increased crypto enforcement.
Two Southern California men, Gabriel Hay and Gavin Mayo, were charged for allegedly defrauding investors of over $22 million through fake NFT projects, including Vault of Gems, Faceless, and Clout Coin.
The DOJ charged Gabriel Hay and Gavin Mayo with defrauding investors of over $22 million through fraudulent NFT projects, including Vault of Gems and Faceless. They face up to 20 years in prison.
Gabriel Hay and Gavin Mayo face charges for defrauding investors of over $22 million through fraudulent NFT rugpulls, involving projects like Vault of Gems and Faceless, with potential 20-year sentences plus stalking charges.
Two Southern California men were charged by the US DOJ for defrauding investors of over $22 million through NFT and crypto ‘rugpull’ scams. They face up to 25 years in prison. The case highlights ongoing regulatory crackdowns on crypto fraud.
On March 18, 2025, U.S. spot Ethereum ETFs recorded a net outflow of $55.69 million, breaking a seven-day inflow streak. Grayscale and Fidelity led redemptions, while BlackRock's staking ETF bucked the trend with $1.07 million in inflows, signaling investor differentiation.
The SEC has approved multiple spot Ethereum ETFs, including products from Grayscale, BlackRock, and others. This article compares fees, highlighting Grayscale Ethereum Mini Trust's 0.15% fee as the most cost-effective option, and analyzes market implications.
