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<ul><li>The US Justice Department alleged Rikesh Thapa of looting more than $1 million from the “Victim Company”.</li><li>He was arrested and is expected to be presented before US Magistrate Judge Mitchell D. Dembin.</li><li>Though the company transferred him the amount in the belief that he would hold it safe, he utilized the amount for his personal expenses.</li></ul>The US Justice Department<a href="https://www.justice.gov/usao-sdny/pr/chief-technology-officer-blockchain-company-charged-scheme-defraud-company-over-1" rel="noopener noreferrer nofollow"> arrested</a> 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.<a href="https://coinedition.com/blockparty-co-founder-illegally-amasses-over-1-million-fbi-reports/" rel="noopener noreferrer nofollow">See original on CoinEdition </a>

Blockparty Co-founder Illegally Amasses over $1 Million: FBI Reports

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