NFT Developers Plead Guilty to $400,000 'Rug Pull’, Laundering and Wire Fraud
Following a $400,000 ‘rug pull’ of three Solana NFT projects in 2022, two men face up to five years in U.S. prison.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Why this matters
This nft story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on DecryptRelated market context
Ethereum Price Prediction: 5% Weekly Drops as Bitmine Plans to Stop ETH Buying
Ethereum latest selloff has put a key support zone and price prediction under pressure. ETH falls to $2,500 after 5% weekly declin...
US government moves 17,795 Bitcoin worth $1.5 billion in three days
The movement of such a large Bitcoin reserve by the US government could influence market dynamics and investor sentiment significa...
Solana Foundation says the network is secure against quantum threats
Solana's proactive quantum threat measures could set a precedent for blockchain security, influencing industry standards and user...
Securitize launches tokenized US stocks on Solana
Tokenized stocks on Solana could revolutionize equity trading by enhancing liquidity, accessibility, and compliance within digital...
Uranium Finance hacker convicted over DeFi exploits and laundering
The conviction highlights the enduring vulnerability of DeFi platforms and the lengthy process of legal recourse, impacting user t...
Samsung Wallet Taps Solana for USDC Transfers on 82M US Galaxy Devices
Users can send USDC across borders from late October, three months after Samsung teased stablecoin support without naming a blockc...