Home / Crime / California crypto firm accused of inflating Katy Perry NFTs and fraud

California crypto firm accused of inflating Katy Perry NFTs and fraud

Former Theta Labs executives allege the California cryptocurrency firm’s CEO, Mitch Liu, manipulated the price of NFTs, among other illegal moves.

Four years ago, California startup Theta Labs’ cryptocurrency was soaring, and its future appeared bright when it landed a partnership with pop star Katy Perry.
The Bay Area company had built a marketplace for digital collectibles known as nonfungibl… [5735 chars]

Source: Los Angeles Times | Published: 2025-12-24T11:00:00Z

Credit: Los Angeles Times

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