DOJ Charges Two NFT Scammers Over 'Frosties' Rug-Pull
What would Tony the Tiger think?
Source: pcmag.com
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Top Crypto News: This Week's Biggest Cryptocurrency Headlines
Top crypto news stories of the week see more companies charging into the NFT industry, the metaverse and crypto mining.
Source: investorplace.com
Feds File Charges in NFT 'Rug Pull' Scam for First Time
Federal authorities have charged two men with fraud and money laundering in relation to an NFT "rug pull" scam. Two men allegedly pocketed $1.1 million from investors hoping to strike it rich in the NFT crypto gold rush, only to disappear in the money.
Source: breitbart.com
Frosties NFT creators booked for rug pull scam
The Frosties operators apparently remained confident enough to plan a follow-up series called “Embers” that was supposed to launch later in March.
Source: techstory.in
DOJ cracks down on 'rug pulls', charging Frosties NFT project founders
The founders were also said to be in the process of launching another NFT project expected to fetch $1.5 million prior to being arrested.
Source: cointelegraph.com