DOJ cracks down on ‘rug pulls,’ charging Frosties NFT project founders
“You can’t solicit funds for a business opportunity, abandon that business and abscond with money investors provided you,” stressed IRS-CI special agent-in-charge Thomas Fattorusso. The Department of Justice (DOJ) has taken action against an alleged nonfungible token (NFT) rug pull after it slapped the founders of the “Frosties” project with charges relating to fraud and…
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