<ul><li>Developer behind Mutant Ape Planet NFTs, Aurelian Michel, sentenced to forfeit $1.4 million in fraud-related penalties.</li><li>Michel served a month of incarceration before sentencing and was given an additional fine of $15,000.</li><li>Judge acknowledges uncertainty in determining the losses experienced by NFT buyers.</li><li>Legal troubles began in January 2023, with Michel confessing to executing a 'rug pull' on social media.</li></ul>

Mutant Ape Planet NFT Creator Ordered to Forfeit $1.4 Million

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