Two men arrested for $1.1 million NFT 'rug pull' scam - The Verge

The Department of Justice, IRS, and Department of Homeland Security announced the arrest of Ethan Nguyen and Andre Llacuna for operating an NFT “rug pull” scam series called Frosties and planning a second called Embers.

A Frosties NFT avatar. Frosties 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… [+3536 chars]

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