When Developers Disappear with Investors’ Money



A rug pull is a scam in which developers create a crypto project, attract investors, and suddenly abandon the project, stealing the funds.

These scams often occur in DeFi projects and meme coins, where hype is used to attract quick investments before developers exit.

To avoid rug pulls, research a project's team, check for smart contract audits, and be cautious of projects with anonymous developers or unrealistic promises.

Rug pulls are one of the biggest risks in crypto. Always do thorough research before investing in new projects.
DEFI0.57%
MEME1.5%
HYPE0.79%
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