Few and Far Founder Tarsha Indicted on Securities Fraud Charges

Taj Tarsha, founder of Few and Far, was indicted on securities and wire fraud charges for allegedly raising over $10 million from 67 investors to fund an NFT marketplace. According to prosecutors, Tarsha used investor funds for personal expenses, including online gambling and cryptocurrency purchases.

An internal audit in June 2023 uncovered the spending pattern, prompting disputes over Few and Far's finances. The indictment claims Tarsha regained control of the company treasury, fired nearly all remaining staff, and kept one contractor working on efforts to create the appearance of continued marketplace development.

Tarsha launched the FAR token in May 2024, which has since fallen more than 99% in value.