WhiteRock's WHITE Token Drops 25% After Founder's Arrest
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币界网报道：WhiteRock's WHITE token plunged 25% after its founder, Sergey Kondratenko, was arrested in Russia on fraud charges. The token, which had surged over 1,000% earlier this year, dropped to $0.0000000000000000001 amid the news. Kondratenko allegedly misled investors about the project's AI and blockchain capabilities while diverting funds for personal use. The arrest follows a Russian Central Bank warning about WhiteRock's unlicensed operations. The project had claimed to offer AI-powered trading tools and blockchain solutions, but authorities found no evidence of such technology. WHITE's market cap fell to $1.5 million from its $60 million peak in February.
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