Tag: Rug
Memecoin Teddy Doge 'Soft' Rug Pulls $4.5M Worth of Tokens, PeckShield Says
Prices of the Dogecoin-inspired fell some 99.7% in the past 24 hours.
www.coindesk.com [...]
Bollywood A-lister-backed GARI token plunge sparks rug pull rumors
The domino effect of the 2022 bear market, which saw the downfall of numerous crypto ecosystems and tokens over several months, caught up to GARI toke [...]
Terra wasn’t a rug pull, it was a poorly designed ‘castle of cards’
Tether and Bitfinex CTO Paolo Ardoino said that the Terra (LUNA) project was not intended to be a rug pull, but was simply “poorly designed.” Speaking [...]
NY Sen. Thomas proposes to criminalize rug pulls and other crypto frauds
New York State Senator Kevin Thomas introduced a new bill amendment request to establish certain offenses related to rug pulls and other frauds relate [...]
The End of NFT Rug Pulls?
The ERC-721R standard guarantees refunds for non-fungible tokens, offering greater security for buyers and legitimacy for creators. But risks remain f [...]
UK Royal Mint NFT, $960k Billionaire Dog rug and Pudgy Penguins
The U.K. government Treasury announced on Monday, April 4th, that it has asked the Royal Mint to create one non-fungible token (NFT) to be issued by t [...]
DOJ cracks down on ‘rug pulls’, charging Frosties NFT project founders
The Department of Justice (DOJ) has taken action against an alleged NFT rug pull, after it slapped the founders of the Frosties project with charges r [...]
What is a rug pull in crypto and 6 ways to spot it
There are several clear signs that investors can watch out for to protect themselves from rug pulls such as the liquidity not being locked and no ext [...]
Youtuber and alleged thief publicly refuses to return investors’ funds after $750k rug pull
On Wednesday, American Youtuber and "internet detective" Coffeezillaa published a recorded interview of himself and disgraced Youtuber Paul "Ice Posei [...]
Cyber vigilante hunts down DeFi scammers running away with $25M rug pull
In the world of digital finance, where the weapon of choice for a heist is a computer rather than a semi-automatic firearm, tracking down scams and fr [...]
CertiK’s identification of Crypto Cars as ‘rug pull’ was a false alarm
In a period of market downturns, rumors of crypto bans and decentralized finance, or DeFi scams, blockchain enthusiasts can be sensitive to the smalle [...]
Chinese Police Arrest 8 People Related to $7.8M Rug Pull
In June 2021, an investor lost RMB 590,000 that he had invested in a crypto token, when the project owners siphoned the money, shut down the website, [...]
Chinese police unearth multi-million dollar DeFi rug pull
Beijing’s crackdown on crypto continued with the start of the new year as Chinese police froze nearly 6 million yuan ($1 million) worth of crypto and [...]
NFT Rug Pull Leaves Investors $1.3m out of Pocket
Non-Fungible Tokens, better known as NFTs, have continued to grab the news headlines at the turn of the year. While the crypto market has struggled am [...]
Certik identifies Arbix Finance as a rug pull, warns users to steer clear
BSC-based yield farming protocol Arbix Finance was identified by blockchain security company Certik as a rug pull. According to the firm’s incident [...]