South Korea Makes First DEX Rug Pull Arrest in CATFI Case
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13 Articles
South Korea’s First DEX Rug Pull Case Nets Five Suspects in Solana Memecoin Fraud
Seoul prosecutors charged five people this week in what’s being called the country’s first criminal case targeting a decentralized exchange… Read the original on South Korea’s First DEX Rug Pull Case Nets Five Suspects in Solana Memecoin Fraud. For more crypto news and analysis, visit TheCurrencyAnalytics.com.
South Korean prosecutors have launched the country's first rugpull case under the new crypto law, arresting five people who defrauded investors through the Solana (SOL)-based meme coin project CatFi. The cryptocurrency market in South Korea… 1000X Rugpull on Meme Coin in Solana…
What to remember: For the first time, South Korea is pursuing rug sweaters on a decentralized platform such as Pump.fun with the CATFI case on Solana. The five suspects generated €230,000 of illegal profits by handling the price of the token that had jumped 1000 times in 26 hours. 256 investors lost a total of 900 million won following the orchestrated collapse of the token issued on Pump.Fun. First history against a decentralized rug sweater Th…
Bitcoin Insider
CoinjournalSouth Korea makes first DEX rug-pull arrests in Solana CATFI case
South Korean prosecutors charge 5 people in a CATFI memecoin rug pull case. About 256 investors lost roughly $650K after the CATFI token crashed. CATFI token surged 1,000x before liquidity was drained and the price collapsed. South Korean prosecutors have arrested and charged a group of individuals linked to the Solana-based CATFI memecoin over an […] The post South Korea makes first DEX rug-pull arrests in Solana CATFI case appeared first on Co…
South Korea Charges Five in First Ever DEX Rug Pull Case
South Korea just set a legal precedent that every meme coin launcher needs to read carefully. On May 27, 2026, the Seoul Southern District Prosecutors’ Office charged five suspects behind the CATFI rug pull. This marks the first ever prosecution of a DEX-based crypto fraud under the 2024 Virtual Asset User Protection Act. S. KOREA MAKES FIRST DEX RUG PULL ARRESTSouth Korean prosecutors charged a group behind the Solana-based CATFI rug pull, whi…
Cointelegraph
Bitcoin Ethereum NewsSouth Korea Makes First Arrest Tied to Memecoin Rug Pull: report
South Korean prosecutors reportedly made their first arrest tied to a memecoin rug pull on Pump.fun that allegedly caused about $599,000 in investor damages.
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