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crypto what is rug pull

Last Updated on June 1, 2023 by Paganoto

'Rug pulls': Avoiding the cryptocurrency scam

'Rug pulls': Avoiding the cryptocurrency scam

It's a new type of scam involving cryptocurrency. The name comes from the expression “pulling the rug out.” This is how it works: a developer attracts investors to a new cryptocurrency project, then pulls out before the project is built. This leaves the investors with a worthless currency.May 14, 2022

Crypto rug pulls: What is a rug pull in crypto and 6 ways to spot it

Crypto rug pulls: What is a rug pull in crypto and 6 ways to spot it

A rug pull is a type of crypto scam that occurs when a team pumps their project’s token before disappearing with the funds, leaving their …

Rug Pull | Alexandria – CoinMarketCap

Rug Pull | Alexandria – CoinMarketCap

A rug pull is a malicious maneuver in the cryptocurrency industry where crypto developers abandon a project and run away with investors’ funds.

Rug pull – Binance Academy

Rug pull – Binance Academy

A rug pull in the crypto industry is when a development team suddenly abandons a project and sells or removes all its liquidity. The name comes from the phrase …

What Are the Biggest Crypto Rug Pulls in History?

What Are the Biggest Crypto Rug Pulls in History?

Rug pulls are malicious maneuvers in the cryptocurrency industry where crypto developers abandon a project and run away with investors’ funds.

Watch out for the 'rug pull' crypto scam that's tricking investors …

Watch out for the 'rug pull' crypto scam that's tricking investors …

Rug pulls are a lucrative scam in which a crypto developer promotes a new project—usually a new token—to investors, and then disappears with …

What Is a Crypto Rug Pull Scam? – MakeUseOf

What Is a Crypto Rug Pull Scam? – MakeUseOf

A crypto rug pull scam (the name of which refers to having the rug unexpectedly pulled from under you) involves launching a token, …

5 Rug Pulled Projects [Examples Lists] – Zipmex

5 Rug Pulled Projects [Examples Lists] – Zipmex

Rug Pulls in crypto world happen when the projects’ teams flee with your money. See Rug Pull’s signs and examples to avoid being ripped off!

How to Avoid 'Rug Pulls,' the Latest Cryptocurrency Scam

How to Avoid 'Rug Pulls,' the Latest Cryptocurrency Scam

The scam, which gets its name from the expression “pulling the rug out,” involves a developer attracting investors to a new cryptocurrency …