No less than 8 people have been arrested by China police in relation to a RMB 50 million ($7.8 million) rug pull. The announcement was made via the official WeChat account of local police department on January 14, with further confirmation that another RMB 6 million ($944,000) has also been frozen by the authorities.
China Police Makes Rug Pull-related Arrests Amid Total Crypto Ban
coingape.com
18 January 2022 23:19, UTC