CoinDesk·3 min read·medium
NFT startup founder charged with misusing funds from $10 million fundraising
F
Francisco Rodrigues
✦AI Summary
Taj Tarsha, founder of the NFT startup Few and Far, has been charged with misappropriating $10 million in investor funds for personal use, including gambling and luxury expenses. Prosecutors allege he misled investors while failing to build the promised marketplace.
The prosecutors alleged that Taj Tarsha diverted more than $10 million raised from investors into online gambling, cryptocurrency speculation and personal expenses instead of building the company's marketplace.
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