Two U.S. men arrested for $1M non fungible token ‘rug pull’ scheme

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Two men were arrested and charged with scamming buyers of non-fungible tokens (NFTs) worth $1.1 million, authorities said on Thursday, in what appeared to be the first U.S. federal criminal case involving the class of digital assets whose popularity exploded last year. U.S. Attorney Damian Williams in Manhattan said in a statement that Ethan Vinh […]

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