NFT scammers that accumulated over a million in ETH and rugpulled the project were arrested in the United States.
The US Justice Department announced that two men have been charged with conspiracy to commit wire fraud and money laundering “in connection with a million-dollar scheme to defraud purchasers of NFTs advertised as Frosties.”buyers and withdrawing the cryptocurrency proceeds out of the Frosties account through multiple transactions.
The complaint pointed out that approximately three hours after the sale, “the proceeds of the Frosties NFT sale that had been transferred to Frosties Wallet Address-1 were then transferred to a separate cryptocurrency wallet address .” In total, 356.56 ETH was sent to the “Fraud wallet address,” as later identified by the investigators.
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