BitDegree 46 minutes ago
9
Nelk Boys, a group of YouTube content creators, is facing a lawsuit over claims that they failed to deliver on promises tied to their non-fungible token (NFT ($0.00)) project, which raised $23 million.
The lawsuit, filed on January 29 in a California federal court, accuses them of misleading buyers about the benefits of their MetaCard NFTs.
Trenton Smith, who brought the lawsuit, described the group as “snake-oil salesmen masquerading as entrepreneurs”. He alleges that while some small perks were provided, the business opportunities and investment benefits they promoted never materialized.
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