Federal prosecutors charged Few and Far founder Taj Tarsha with securities fraud and wire fraud, alleging he misappropriated over $10 million raised from investors for an NFT marketplace and instead spent the funds on gambling, cryptocurrency trading, a Miami condominium, and DJ equipment.
Federal prosecutors in Manhattan charged Few and Far founder Taj Tarsha with securities and wire fraud, alleging he misused over $10 million from investors on gambling, trading, and personal expenses including a DJ hobby.
POAP, which minted over 7.6 million on-chain badges for crypto events and collaborated with major companies like Coinbase and American Express, is winding down operations after failing to achieve profitability. Co-founder Isabel Gonzalez announced the shutdown on August 3, with the protocol entering maintenance mode.
Yuga Labs-affiliated developers coordinated a white-hat operation to rescue 68 high-value NFTs including Bored Apes and CryptoPunks from vulnerable Flooring Protocol pools before attackers could drain them, using the company's GrailsOTC trading desk.
An attacker used a gifted NFT containing Morse code to trick Grok AI into instructing Bankrbot to transfer approximately $150,000-$200,000 worth of DRB tokens, with 80% of funds later returned, exposing vulnerabilities in autonomous AI agent security.
