Operators of the alleged scam promised investors their funds would be used to build a functioning casino and entertainment facility in the Sandbox metaverse. The plans included “a virtual stadium for virtual games and concerts, a virtual hotel, a virtual movie theater, a virtual bowling alley…[and] a virtual hockey team named ‘Flamingos,’” according to the orders.
5 US States Issue Emergency Orders to Shut Down Metaverse Casino With Alleged Russian Ties
