Tag: Rug Pull

Memecoin Creators Exploit U.S. Election Mania, Create Thousands of New Tokens on Solana, Ethereum

Memecoin Creators Exploit U.S. Election Mania, Create Thousands of New Tokens on Solana, Ethereum

There are, however, more established election-related memecoins including MAGA and the Kamala Harris-themed KAMA. Trading volume for MAGA, which launc [...]
Crypto Hacks, Rug Pulls Led to $473M Worth of Losses in 2024: Immunefi

Crypto Hacks, Rug Pulls Led to $473M Worth of Losses in 2024: Immunefi

More than $473 million worth of cryptocurrency has been lost to hacks and rug pulls in 2024, according to a report by security researcher Immunefi ww [...]
Bitcoin Bridge OrdiZK Suffers Apparent $1.4M Rug Pull, Token Crashes to Zero: CertiK

Bitcoin Bridge OrdiZK Suffers Apparent $1.4M Rug Pull, Token Crashes to Zero: CertiK

OrdiZK, a project that set out to become a bridge between the Bitcoin, Ethereum and Solana blockchains, appears to have pulled an exit scam, with deve [...]
'Mutant Ape Planet' NFT Developer Pleaded Guilty in $3M Fraud

'Mutant Ape Planet' NFT Developer Pleaded Guilty in $3M Fraud

The developer behind the Mutant Ape Planet non-fungible token (NFT) collection – a knockoff of the Mutant Ape Yacht Club NFTs – pleaded guilty on Tues [...]
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