Last Updated on September 5, 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. iStock.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.
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 …
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 …
How to Avoid 'Rug Pulls,' the Latest Cryptocurrency Scam
How to Avoid 'Rug Pulls,' the Latest Cryptocurrency Scam
A rug pull, which gets its name from “pulling the rug out,” involves a developer attracting investors to a new crypto project, then pulling …
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.
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, …
Why Crypto Rug Pulls Happen in DeFi — and How to Avoid …
Why Crypto Rug Pulls Happen in DeFi — and How to Avoid …
A crypto rug pull happens when developers create a token paired with a valuable cryptocurrency, list the token on decentralized exchanges …
Pagaonoto is an SEO editor and cryptocurrency researcher for various publications.