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First DEX Rug Pull Indictment in Korea…Catfi Case, a Turning Point for DeFi Investigations?
Bull/Bear Index 47.2/100
crypto BEAR 80/10 TokenPost · 2h ago

First DEX Rug Pull Indictment in Korea…Catfi Case, a Turning Point for DeFi Investigations?

Korea sees its first criminal indictment for a DEX-based 'rug pull' scam (Catfi case), marking a significant expansion of investigations into the DeFi sector. The 'Virtual Asset User Protection Act' was applied, with approximately 256 investors losing 900 million KRW.

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