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DOJ cracks down on 'rug pulls', charging Frosties NFT project founders

The two founders are accused of purposely concealing their identities to operate a rug pull on the Frosties community by failing to deliver on the project’s roadmap and “utility” which touted rewards for NFT hodlers, giveaways, access to a Metaverse game and exclusive access to future mints from the project.

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Source: Cryptocurrency - investing.com

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