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Solana Meme Coin Surges 6,000% After Creators Arrested Over 'Rug Pull' - Decrypt
The charges against the CatFi creators mark the first time South Korean prosecutors have applied the new Virtual Asset User Protection Act.
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cryptobriefing.com
South Korea arrests criminal group in first DEX rug pull case
South Korean authorities arrested a criminal group behind the Solana-based CATFI token rug pull, marking the country's first DEX fraud prosecution.
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theblock.co
South Korea arrests suspects behind Solana memecoin CatFi in first rugpull case under new law
By using fake social media channels, the suspects allegedly lured thousands into buying Solana memecoin CatFi, before abandoning the project.
