Kishu Inu Founder Charged with Fraud Over Alleged $9 Million Rug Pull Scheme

PANews, October 8 - According to The Block, Kishu Inu founder Alexander Sisemore faces three counts of wire fraud related to an alleged "rug pull" scheme involving $9 million. Prosecutors allege that Sisemore secretly sold tokens allocated to himself at the project's launch while making false statements to investors. The Federal Bureau of Investigation (FBI) is currently seeking investors of Kishu Inu.