Post by Augustine Chiagozie (@pabloexchange)

📈 Solana Meme Coin Pumps 6,000% After Rug Pull Creators Get Arrested

South Korean prosecutors charged 5 people behind the Solana meme coin CatFi for allegedly running a rug pull that caused around $600K in investor losses.

Ironically, after the arrests became public, traders pumped the dead token nearly 6,000% trying to “unrug” it.

The token is still down 96% from its peak.

Only in crypto.

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