Hack history / 2023 / Fraud
Mutant Ape Planet
Fraud on Jan 6, 2023 · Scam
SOURCES AGREE ON DATE AND LOSS · 2 SOURCES
Lost
$2.9M
dollars at the time
Returned
none listed
as the sources state it
Rank
not ranked
collapses, frauds and later news are not ranked
What happened
Aurelien Michel, developer of MAYC's Mutant Ape Planet NFT series, has pleaded guilty after being arrested on charges of defrauding $2.9 million. Aurelien Michel and the other defendants marketed the Mutant Ape Planet NFT to potential buyers with promises including “rewards, sweepstakes, exclusive access to other crypto assets, and community-controlled wallets to fund the marketing of the NFT collection.” The project developer also implicitly promises that NFT holders can obtain "metaverse land". However, none of Michel's promises were kept. When all the NFTs were sold, Michel and the other defendants allegedly transferred the proceeds of $2.9 million to other wallets, including wallets under Michel’s control.
Details
- Date
- Jan 6, 2023
- Kind
- Fraud
- Method
- Scam
- How in
- Insiders: rug pulls, frauds, collapses
- Target
- not stated
- Chains
- Ethereum
Reported by
Related incidents
Scammer earns 13 ETH ($17,500) from fake Mutant Ape scheme 2022 · Scam · $18K
NFT trader loses a Mutant Ape NFT to an NFT swap scam 2022 · Scam · $74K
JPEX 2023 · Hack or exploit · $194.3M
iEarn Bot 2023 · Scam · $1.3M
Waifu AI World 2023 · Scam · undisclosed
NFT trader loses a Mutant Ape NFT to an NFT swap scam 2022 · Scam · $74K
JPEX 2023 · Hack or exploit · $194.3M
iEarn Bot 2023 · Scam · $1.3M
Waifu AI World 2023 · Scam · undisclosed
Cite this page
SwanBluechip, "Mutant Ape Planet fraud, Jan 6, 2023: $2.9M lost", Crypto hack history, https://swan-hack-tracker.pages.dev/history/i/ht45985d1870/ (data as of 2026-10-31).