Cryptocurrency6 Aug 2026SEO 801 min read

Analysis: NFT startup founder charged with misusing funds from $10 million fundraising

Federal prosecutors say Taj Tarsha misled backers and used investor funds for personal expenses. U.S. prosecutors charged Few and Far founder Taj Tarsha with s…

Federal prosecutors say Taj Tarsha misled backers and used investor funds for personal expenses. U.S. prosecutors charged Few and Far founder Taj Tarsha with securities and wire fraud tied to a $10 million fundraising. The authorities say investor funds meant to build an NFT marketplace were diverted to gambling, crypto trades and personal expenses. An internal audit uncovered the alleged misconduct in June 2023. The FAR token debuted in May 2024 but soon became effectively worthless and stoppe…

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