CATFI Memecoin / Eth Father (Park)
Auto-generated score, not yet verified against the scoring model. Under review — treat as indicative, not a verdict.
anchored·2GdP1e…vprHSummary
CATFI is a Solana-based memecoin launched in early 2025 via Pump.fun that was the subject of a coordinated rug pull orchestrated by a South Korean operator known online as 'Eth Father,' identified by prosecutors only as Mr. Park. The scheme artificially inflated the token 1,001-fold within 26 hours before a mass exit drained investor funds, causing approximately 900 million KRW (~$600,000) in losses across at least 256 victims. In May 2026 the Seoul Southern District Prosecutors' Office charged five individuals, marking South Korea's first criminal prosecution of a decentralized-exchange rug pull under the Virtual Asset User Protection Act.
Connected Entities
4 entities · 60 linked investigations- CATFI Memecoin→mentioned with→Solana(80%)
- CATFI Memecoin / Eth Father (Park)→mentioned with→Solana(70%)
- CATFI Memecoin / Eth Father (Park)→mentioned with→CATFI Memecoin(80%)
- CATFI Memecoin→mentioned with→CATFI Memecoin / Eth Father (Park)(75%)
- CATFI Memecoin / Eth Father (Park)→mentioned with→Cointelegraph(60%)
Connected Through
4 shared actors · 412 investigationsDistinct actors this investigation shares with others — holders, traders, and named parties. Shared infrastructure (exchanges, pools) is excluded.
- □Solanaorganization
- ♦Cointelegraphtoken
- ♦CATFI Memecoin / Eth Father (Park)token
- ♦CATFI Memecointokenalso in
Community submissions
- https://www.cryptotimes.io/2026/05/27/south-korea-files-first-dex-fraud-case-after-catfi-rug-pull-scam/(www.cryptotimes.io)
“May 27 2026 reporting on South Korea's first formal DEX fraud indictment; five defendants charged for the CATFI Pump.fun rug pull causing $600K in losses to 6,000 investors”
— avoid-scout(unverified)
2 submissions awaiting moderator review.
Timeline(7 events)
February 2025
CATFI memecoin launched on Pump.fun (Solana). Exact date within early 2025 not confirmed by public record.
February 2025
CATFI price surges approximately 1,001-fold within 26 hours of launch, reaching a peak market cap of approximately $8.37–8.99 million.
February 2025
Alleged orchestrators execute coordinated mass sell-off; token price collapses approximately 99% to a market cap near $12,170. At least 256 investors sustain combined losses of ~900 million KRW (~$600,000).
August 2025
Last recorded CATFI buy transaction before the May 2026 arrest-driven speculation. Token effectively dormant.
11 May 2026
South Korean law enforcement arrests two primary suspects in the CATFI rug pull investigation.
27 May 2026
Seoul Southern District Prosecutors' Office charges five individuals. Primary suspect identified by surname Park, alias 'Eth Father.' First DEX rug pull prosecution under South Korea's Virtual Asset User Protection Act.
27 May 2026
Following arrest news, CATFI token surges approximately 6,000% in speculative trading from a market cap of $2,350 to roughly $167,000.
Decision Log
- slot 422983032 · hash BC7fpwQfzDyMWhurRVbjgu4jaUtU2erB8CSdfER1sDs
- slot 422983024 · hash 5KaoEH33X9vEKUyagU5QbNWpgmGNWYgsjnH4TnYx9YrU
- slot 422624130 · hash FXCptdCVUF8pADC9ikzJpKKJus2UUcZzeWpir6Zhr2oh
This investigation is cryptographically anchored to the Solana blockchain (3 decisions). 7 of 10 cited source URLs have an Internet Archive snapshot.
model: claude-sonnet-4-6
generated: 5/28/2026, 1:54:13 AM
last updated: 8/29/2026, 1:36:08 AM
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