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Allen Zhang, co-founder and chief technology officer of Web3 cybersecurity firm GoPlus, told Cointelegraph that the most prevalent type of rug pull is the “honeypot token” scam, which has been ...
An Eric Trump (ERICTRUMP) meme coin is under analysts' radar as its on-chain activity hints at potential rug pull. Here are ...
A rug pull is a form of crypto scam where developers design a virtual token—usually a new project or a token—sell it to acquire investors, and then immediately drain all the liquidity ...
The Eric Trump meme coin rug pull saw a drastic market cap collapse, despite clear warning signs and prior failed attempts.
Another name for this scam is "rug pull" because the scammers essentially pull the rug out from under investors. A cryptocurrency exit scam is a purported cryptocurrency project whose promoters ...
A rug pull is where developers precipitately remove liquidity from a DeFi project simultaneously, rendering tokens worthless and leading investors to suffer huge losses. The scam typically comes ...
Quant memecoin trader makes over 2,100x return on investment despite rug pull Some traders generate a profit on fraudulent cryptocurrencies, including rug pulls. In this instance, the QUANT ...
However, within just 20 minutes of its release, its market capitalization plummeted, leading users on X to label it a rug-pull scam, according to Coin Gape. Some netizens put forth their reactions ...
HAWK never recovered after being sniped and aggressively sold, but Hailey Welch faces no sanctions for advertising a risky ...
Learn more about how investment scams work in this guide. A rug pull scam occurs when developers withdraw support for a cryptocurrency project, leaving investors with worthless tokens.
A rug pull scam involves project creators making off with investor funds without warning. This is often done through fake websites or fake crypto projects. A scammer may create a website posing as ...
“The ‘Lego rug pull’ involved a project that deceitfully linked itself to the popular Lego brand, attracting investors under false pretenses before executing the scam,” he added. With ...