Solana Meme Coin Surges 6,000% After Creators Arrested Over ‘Rug Pull’ – Decrypt
In brief South Korean prosecutors charged five over a “rug pull” on Solana meme coin launchpad Pump.fun, in the first use of the country’s new Virtual Asset User Protection Act. The creators of meme token CatFi are accused of causing $600,000 in damages to 256 investors. Following the news, traders pumped the dormant CatFi token...
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