Security· ★★· bearish·

Crypto coin founder charged in Chicago over 'rug pull' investor scam

  • —Crypto coin founder charged in Chicago
  • —Scheme described as a 'rug pull' that defrauded investors
  • —Loss amount and defendant's name not disclosed
Why it matters: Another criminal case against a crypto founder adds to regulatory pressure on fraudulent schemes in the industry.
Source: Google News (crypto query)