After charging the Frosties founders with fraud and laundering of money, the Department of Justice (DOJ), has taken legal action against an NFT rug pull.

Two founders were accused of deliberately concealing their identities. 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.