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South Korea Makes First Arrest Tied to Memecoin Rug Pull: report

Posted on May 27, 2026
By Cointelegraph
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1 min read

South Korea Makes First Arrest Tied to Memecoin Rug Pull: report

South Korean prosecutors reportedly made their first arrest tied to a memecoin rug pull on Pump.fun that allegedly caused about $599,000 in investor damages.