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South Korea's DeFi Action: A Pivotal Moment for Solana and Beyond

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South Korea's DeFi Action: A Pivotal Moment for Solana and Beyond

May 28, 2026

South Korea's decision to prosecute a decentralized exchange rug pull under the Virtual Asset User Protection Act sets a crucial legal precedent for DeFi regulation. By indicting five individuals linked to the Solana-based memecoin CATFI, the Seoul Southern District Prosecutors' Office demonstrates a commitment to holding crypto criminals accountable The charges include market manipulation and […]

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