Crypto influencer Park, notoriously known as "Etherfather," has been sentenced to four years in prison for his involvement in a Solana-based memecoin rug pull, CATFI. The Seoul Southern District Court also ordered the forfeiture of approximately $160,000, following an indictment that accused him and accomplices of generating $287,000 in illicit gains. This conviction marks a significant legal precedent in the ongoing battle against fraudulent schemes within the cryptocurrency space.