The two were planning to start the sale of another NFT product called Embers, which was intended to produce roughly $1.5 million in cryptocurrency profits. They abruptly abandoned and shut down the pr...
Tag: Frosties
Frosties NFT Creators Charged: US DoJ Quite Active On Crypto Criminals
The US DoJ is pretty active lately in the fraud cases related to the crypto space. Recently two men in their 20s were charged with an alleged rug pull, as they have looted the community of their NFTs...
US DOJ Continues Crackdown On Crypto Criminals As It Charges Frosties NFT Creators For Fraud ⋆ ZyCrypto
Advertisement     Two young men have been charged with conspiracy to commit wire fraud and money laundering after allegedly ripping off Frosties NFT community. They fa...
U.S. Department of Justice Charges Two Crypto Traders Over Alleged $1,100,000 “Frosties” NFT Scam
The U.S. Department of Justice (DOJ) is filing charges against two crypto traders over their alleged involvement in facilitating the $1.1 million “Frosties” non-fungible token (NFT) rug-pull scam. Acc...
DOJ Cracks Down On Rug Pulls, Charges Frosties Founders
The US Department of Justice is slapping charges of money laundering and fraud on the founders of the Frosties NFT project after they committed a ‘rug pull.’ DOJ Progresses With Crypto Security Measur...
US Justice Dep’t charges “Frosties” creators over $1.1 million rug pull
TL;DR Breakdown Two men have been charged by the US Department of Justice with fraud and money laundering in connection with Frosties NFT rug pull. Before vanishing with the money, the 20 years old, a...
“Frosties” NFT Scammers Charged With Help From Homeland Security
The masterminds behind the Frosties non-fungible token (NFT) scam have been apprehended by the US Department of Justice (DOJ). Ethan Nguyen and Andre Llacuna are charged with conspiracy to commit wire...
DOJ initiates first NFT Rug-pull prosecution with chargers against Frosties founders
In a landmark decision, the Department of Justice has announced that it’ll be prosecuting two men over their involvement in the Frosties NFT rug pull. The two made over $1 million by siphoning funds f...
DOJ cracks down on ‘rug pulls’, charging Frosties NFT project founders
The Department of Justice (DOJ) has taken action against an alleged NFT rug pull, after it slapped the founders of the Frosties project with charges relating to fraud and money laundering. The two fou...
DOJ Charges Frosties NFT Creators With Fraud
Key Takeaways The U.S. Department of Justice has charged the creators of the Frosties NFT series with fraud and money laundering. Ethan Nguyen and Andre Llacuna allegedly stole over $1 million by carr...
DOJ unveils charges amid investigation into Frosties NFT ‘rug pull’
advertisement The Department of Justice said Thursday that it has charged two individuals with conspiracy to commit wire fraud and conspiracy to commit money laundering related to a non-fungible token...
Feds Charge Two 20-Year-Olds In Alleged NFT Money Laundering, ‘Rug Pull’ Scheme
Some of the art used to market Frosties, a NFT project prosecutors say led to a $1.1 million … [+] swindle. Courtesy DOJ The Department of Justice hit a pair of 20-year-olds with fraud and money...
Frosties NFT investors rug pulled, loses over $1 million
Investors in a non-fungible token (NFT) collection called Frosties, have been scammed for over $1 million after creators of the digital tokens absconded with their funds on January 9th. Frosties NFT i...