
CatFi Memecoin Team Arrested in South Korea’s First Rugpull Prosecution South Korean prosecutors charged five people linked to the Solana memecoin CatFi for allegedly running a rugpull scam. Officials say the group hyped the token through fake influencer accounts and misleading promotions before abandoning the project. Authorities said thousands of investors were affected, making this the first rugpull case prosecuted under South Korea’s new crypto investor protection law. #RugpullScam #SouthKorea #BabaCrypto #Solana #Crypto #Blockchain #CryptoCurrency #Memecoin #CryptoMarket #CryptoNews
