Solana Meme Coin Surges 6,000% After Creators Arrested Over 'Rug Pull'
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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The charges against the CatFi creators mark the first time South Korean prosecutors have applied the new Virtual Asset User Protection Act.
South Korean prosecutors have indicted five individuals in the country’s first-ever criminal prosecution of a decentralized exchange rug pull — and the first case in which fraudulent trading charges under South Korea’s Virtual Asset User Protection Act have been applied, setting a landmark legal precedent for how the country’s crypto enforcement framework handles DEX-based market […]