Vụ truy tố gian lận DEX đầu tiên tại Hàn Quốc theo Đạo luật Bảo vệ Người dùng Tài sản Ảo liên quan đến dự án CATFI

The Huo Xing Finance report, citing Crypto.news, states that the Seoul Southern District Prosecutors’ Office’s Joint Investigation Unit for Virtual Asset Crimes has arrested and indicted two main perpetrators related to the Solana meme coin CATFI on suspicion of market manipulation, while a third individual was indicted without detention, and two others were charged for assisting the main perpetrators in fleeing. This marks the first time in South Korea that arrests and indictments have been made under the Virtual Asset User Protection Act for a “Rug Pull” scam on a decentralized exchange (DEX). Prosecutors allege that the main perpetrator, Park, impersonated the influencer “Eth Father” on X platform, recommending investors to buy CATFI under the guise of an unrelated third party, while simultaneously managing the project’s social media accounts, manipulating follower counts, and disseminating false positive news. The gang also dispersed CATFI across multiple wallets and used circular trading to conceal the fact that the issuer controlled the tokens. Within 26 hours of its launch, the price of CATFI surged 1,001-fold, with approximately 6,000 investors purchasing it; subsequently, 256 investors suffered losses of approximately 90 million KRW (about $586,000). The criminal group used approximately 10 million KRW in funding to generate profits of about 400 million KRW (about $260,000).