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Zhu allegedly directed staff to publish false claims that Hodlnaut had no direct exposure to the TerraUSD collapse on Telegram and in customer emails.
Authorities alleged that the former CEO distributed claims stating that the company had not been impacted by the 2022 collapse of TerraUSD.
The post South Korea Makes First Arrest in DEX Rug Pull Fraud Case appeared first on Coinpedia Fintech News South Korea prosecutors have made the country’s first arrest and prosecution tied to a decentralized exchange rug pull scheme. Authorities charged a group accused of manipulating the price of
