Influencer served settlement demand through NFT: Nifty Publication, Might 17–23

On this week’s e-newsletter, learn concerning the nonfungible token (NFT) influencer who was served a requirement for settlement utilizing an NFT, and find out how NFTs can fight points within the schooling sector. Try the NFT belongings of bankrupt hedge fund Three Arrows Capital, which have been liquidated in an public sale, and discover out why an exchange-traded fund betting in opposition to Meta is shutting down. And don’t neglect this week’s Nifty Information, that includes (BTC) turning into the second-largest NFT chain by gross sales quantity.

An NFT influencer, often called ben.eth, has been served with a settlement demand accusing them of participating in wire fraud throughout a $7 million token presale. The demand, delivered through an NFT, alleges that ben.eth used a manipulative launch technique for the Psyop (PSYOP) token, which raised $7 million in its preliminary presale.

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