Autopsy report

Frosties

NFT

Rug pullDied Jan 2022

An NFT collection that raised about $1.1M from buyers, then abandoned its roadmap and moved the funds. US prosecutors later charged two of its founders.

Missed warning signs

Warning signs for this case are not documented yet.

Sources

Two Defendants Charged In Non-Fungible Token (NFT) Fraud And Money Laundering SchemeU.S. Department of Justice (SDNY)
Two U.S. men arrested for $1 mln non-fungible token 'rug pull' schemeReuters
Two men arrested for $1.1 million NFT 'rug pull' scamThe Verge

Similar graves

Editorial summary of public reporting. Allegations are labeled as allegations. Not financial or legal advice.

Don't read the next obituary from inside it.

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