BUSINESSMay 27 · 08:58 UTCTHE BLOCKDanny Park

South Korea arrests suspects behind Solana memecoin CatFi in first rugpull case under new law

South Korean authorities arrested suspects linked to the Solana memecoin CatFi, which allegedly used fake social media channels to deceive investors in a rugpull scam. This case marks the first prosecution under South Korea's new law targeting cryptocurrency fraud.

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South KoreaplaceCatFitopicSolanatopicrugpulltopicfake social media channelstopicnew lawtopic

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