Day: March 27, 2022

Over a “rug pull” scheme, the US Department of Justice detained two 20-year-old males and charged them with fraud and money laundering. The accused are Ethan Vinh Nguyen and Andre Marcus Quiddaoen Llacua, the creators of the “Frosties” NFTs. Both men could face a maximum sentence of 40 years in prison. A rug pull is … Read more

China is recognized and still remains the country that has placed stringent measures and regulations on NTFs and cryptocurrencies. The Chinese government last year executed a total crackdown and restriction on crypto mining and other types of crypto-related activities. These attacks by the Chinese authority shook the crypto market as several mining companies within its … Read more