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The developer of the Mutant Ape Planet, a ripoff of the popular Mutant Ape Yacht Club (MAYC) non-fungible token (NFT) collection, was ordered by a court to forfeit $1.4 million and pay a $15,000 fine. On Nov. 1, United States District Judge Margo Brodie reportedly sentenced French national Aurelien Michel to a one-month lockup that he had already served in a facility in New York. The judge also imposed a $15,000 fine on Michel and ordered the NFT developer to forfeit $1.4 million. While federal prosecutors wanted a 37-month prison term for Michel, the defense argued that losses connected to th…

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