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Two men arrested for $1.1 million NFT ‘rug pull’ scam - Dr-Buzz4U

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Two men arrested for $1.1 million NFT ‘rug pull’ scam

Dr-tech March 24, 2022 news

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Two men arrested for $1.1 million NFT ‘rug pull’ scam

US government prosecutors have charged two men with fraud and money laundering over a cryptocurrency “rug pull” scheme. Ethan Nguyen and Andre Llacuna allegedly earned around $1.1 million by selling non-fungible tokens (or NFTs) based on cartoon-like characters called “Frosties.” After selling the NFTs, they shut down the project and transferred its funds to a […]