Allegations of Broken Promises and Rug Pull
A collective of 36 NFT holders has initiated legal proceedings against Eden Gallery and artist Gal Yosef. They claim that the promised metaverse-based private club and additional perks tied to their NFT investments have not materialized. The lawsuit alleges a lack of delivered promises, branding the project a 'rug pull' scam.
This move aims to expand Vinyl Group's international presence, offering unique digital collectibles to superfans and collectors
The investment will enhance liquidity for its JAM token, which rewards artists and users