PANews|Oct 08, 2026 07:12
[Kishu Inu Founder Charged with Fraud Over Alleged $9 Million Rug Pull Scheme]
According to The Block, Kishu Inu founder Alexander Sisemore is facing three counts of wire fraud charges related to an alleged $9 million 'rug pull' scheme. Prosecutors allege that Sisemore made false statements to investors while secretly selling off the tokens allocated to him at the project's launch. The Federal Bureau of Investigation (FBI) is currently seeking Kishu Inu investors.
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