Blockparty Co-founder Illegally Amasses over $1 Million: FBI Reports
Blockparty Co-founder Illegally Amasses over $1 Million: FBI Reports
- The US Justice Department alleged Rikesh Thapa of looting more than $1 million from the “Victim Company”.
- He was arrested and is expected to be presented before US Magistrate Judge Mitchell D. Dembin.
- Though the company transferred him the amount in the belief that he would hold it safe, he utilized the amount for his personal expenses.
The US Justice Department arrested Rikesh Thapa, the former Chief Technology Officer of Blockparty, the NFT marketplace and storefront platform, for looting over “$1 million worth of United States currency, cryptocurrency, and utility tokens” from a start-up firm.
Earlier on the day, Thapa was arrested in the Southern District of California. As part of the further procedures, the defendant is supposed to appear before US Magistrate Judge Mitchell D. Dembin. The same afternoon, the case will be proceeded by US District Judge John P. Cronan.
On December 7, the United States Attorney for the Southern District of New York, Damian Williams, and the Assistant Director in charge of the New York Field Office of the Federal Bureau of Investigation (FBI) announced Thapa’s fraud on a start-u …
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