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Frosties NFT: 20-Year-Old Founders Arrested On Suspicion Of Fraud

Frosties NFT: 20-Year-Old Founders Arrested On Suspicion Of Fraud

The U.S. Department of Justice arrested two 20-year-old men with fraud and money laundering over a “rug pull” scheme. The accused persons are Ethan Vinh Nguyen and Andre Marcus Quiddaoen Llacua, the people behind the NFTs called “Frosties”. Both are facing a maximum of 40 years in prison. A rug pull scheme happens when the … Continue reading Frosties NFT: 20-Year-Old Founders Arrested On Suspicion Of Fraud