South Korea Charges CatFi Rugpull in First Crypto Fraud Case Under New Investor Protection Law
South Korean prosecutors have charged several individuals in connection with CatFi, a Solana-based meme coin project, after alleging the token was used in a coordinated rug pull that siphoned investor funds. The Seoul Southern District Prosecutors’ Office said in a Wednesday statement that five people face charges in the case. Two main suspects have been … Read more