The founder of Believe has been indicted in New York for an alleged rug pull scam.

Believe Founder Indicted in NYC for Alleged Crypto Rug Pull on Solana

The founder of Solana-based app Believe has been indicted in a New York court for his alleged role in a crypto rug pull. The case involves the Solana blockchain ecosystem and is tied to millions of dollars in losses.

Pasternak, the project lead, is accused of using Believe to carry out a fraudulent scheme that caused significant financial harm to investors. The case is still under review, and further details have yet to be disclosed.