SEC charges New York blockchain engineer over GME rug pull fraud

Blockchain engineer for the Game Coin project (GME), Eric Zhu has settled fraud claims with the US Securities and Exchange Commission (SEC). He allegedly orchestrated a rug pull scheme that defrauded investors in the Game Coin token (GME). Zhu will pay nearly $823K if the court approves the commission’s motion for final judgment. The SEC […] source: https://www.cryptopolitan.com/sec-charges-new-york-engineer-gme-rug-pull/