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A proposed class-action lawsuit alleges YouTuber Logan Paul and CryptoZoo promoted NFTs for sale but abandoned the project and held onto buyers' money.
Retail investing platform eToro announced its foray into NFTs on Thursday at Bitcoin Miami with the creation of a $20 million fund.
The project runners named the new collection Wrapped Frosties, and are calling on other defrauded investors to join them to revive what was lost.
The creators of "Big Daddy Ape Club" NFTs took 9,136 solana from would-be collectors despite being vetted by a verification company, Decrypt reported.