Tag: marred
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Arc Network’s Ambitious Debut Marred by Day-One Launchpad Exit Scam as ACTFUN Vanishes with Investor Funds.
The cryptocurrency world witnessed a stark dichotomy on September 16, 2026, as Circle Internet Group officially launched the public mainnet of Arc, a highly anticipated Layer 1 blockchain designed to revolutionize financial markets, only for the milestone to be immediately overshadowed by an alleged exit scam from one of its early community launchpads, ACTFUN. The…
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Arc Network’s Landmark Launch Marred by Day-One ACTFUN Rug Pull, Raising Immediate Red Flags for Investor Security
The cryptocurrency world witnessed a stark dichotomy on September 16, 2026, as Circle Internet Group celebrated the momentous public mainnet launch of Arc, its highly anticipated Layer 1 blockchain, while simultaneously, an alleged "rug pull" by one of the network’s earliest community launchpads, ACTFUN, sent shockwaves through the nascent ecosystem. This unfortunate incident, which saw…
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