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CatFi Memecoin (CATFI)

avoid.net/catfi-memecoin-catfi→2/100·87% conf.
[VERIFIED]

Auto-generated score, not yet verified against the scoring model. Under review — treat as indicative, not a verdict.

anchored·5PEs1H…B5Dy

Summary

CATFI was a Solana-based memecoin launched via Pump.fun whose operators, led by a suspect identified only as Park (alias 'Eth Father'), orchestrated a coordinated pump-and-dump that caused approximately 900 million won (~$600,000) in investor losses across 256 victims in early 2025. South Korean authorities arrested five individuals in May 2026, resulting in South Korea's first criminal prosecution for a decentralized-exchange rug pull under the Virtual Asset User Protection Act, and the ringleader was sentenced to four years in prison by the Seoul Southern District Court on July 23, 2026.

Connected Entities

3 entities · 60 linked investigations
Organizations
□Solana62
Tokens
♦CATFI Memecoin / Eth Father (Park)0♦CatFi Memecoin (CATFI)
Relationships
  • CATFI Memecoin / Eth Father (Park)→mentioned with→Solana(70%)
  • CatFi Memecoin (CATFI)→mentioned with→Solana(80%)
  • CatFi Memecoin (CATFI)→mentioned with→CATFI Memecoin / Eth Father (Park)(75%)
Also appears in
Solana·62Jump Trading·42OpenZeppelin AI Exploit Threat Vector·15Shibarium·28Sky (MakerDAO)·51SIGMA Bot·4Crossmint·70Teraswitch (Solana validator hosting concentration incident)·52Socket Security Malicious Browser Extension Campaign August 2026·2Ansem / $ANSEM ("Black Bull") creator-coin controversy·38

Connected Through

2 shared actors · 380 investigations

Distinct actors this investigation shares with others — holders, traders, and named parties. Shared infrastructure (exchanges, pools) is excluded.

Have evidence about CatFi Memecoin (CATFI)?

Timeline(6 events)

July 2024

South Korea's Virtual Asset User Protection Act enters into force, establishing the legal framework later used to prosecute the CATFI scheme.

CryptoTimes / CryptNews reporting on legal framework

2025

First prosecution under the Virtual Asset User Protection Act is filed in connection with a Bithumb centralized exchange price manipulation case, establishing the Act's initial enforcement precedent.

Tokenist reporting on legal context

February 2025

CATFI token is launched on Pump.fun on the Solana blockchain. Price surges approximately 1,001-fold within 26 hours due to alleged wash trading and coordinated social media promotion. Token reaches a peak market capitalization of approximately $8.99 million. Operators then execute the rug pull, draining liquidity and leaving 256 confirmed investors with losses totaling approximately 900 million won (~$600,000).

CoinTelegraph / CryptoTimes / Yahoo Finance

11 May 2026

Seoul Southern District Prosecutors' Office arrests five individuals, including ringleader Park (alias 'Eth Father'), in connection with the CATFI rug pull.

The Currency Analytics

27 May 2026

Seoul Southern District Prosecutors' Office formally indicts all five suspects under the Virtual Asset User Protection Act, marking South Korea's first criminal indictment for a DEX-based rug pull. Case is described as only the second-ever prosecution under the Act.

CryptoTimes

23 July 2026

Seoul Southern District Court issues the first-ever verdict under the Virtual Asset User Protection Act's 'Fraudulent Unfair Trading' provisions. Ringleader Park receives a four-year custodial sentence. Two accomplices receive sentences of 2.5 years and three years (the latter with five years of probation).

KuCoin News Flash citing South Korean court reporting
Provenance & Audit Trail
Anchored on SolanaVerify on-chain12 Wayback Archives

Decision Log

This investigation is cryptographically anchored to the Solana blockchain (3 events). 12 of 13 cited source URLs have an Internet Archive snapshot.

full audit log →version history →

model: claude-sonnet-4-6

generated: 8/12/2026, 11:24:17 PM

last updated: 8/25/2026, 6:14:48 PM

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