Mutant Ape Planet looked like the next big NFT “community” win—until investors say the floor vanished and the creator admitted the truth in Discord.
In this 2–3 minute true-crime breakdown, we follow how the Mutant Ape Planet NFT project allegedly turned into a $2.9 million rug pull, why people bought in, and how U.S. authorities arrested the project’s developer, Aurélien Michel, in January 2023. We also cover the November 2023 guilty plea and what the case taught the crypto world about hype, “utility,” and wallet transparency.
Chapters
0:00 The Moment It Breaks
0:25 The Promise
0:55 The Mechanism
1:35 The Unraveling
2:00 The Aftermath
2:22 Red Flags + How to Protect Yourself
⚠️ Not financial or legal advice. Educational/informational only.
If you’ve ever been rugged, drop your story (no doxxing) so others can learn the signs.
