Tragedy or rug-pull? Inside the collapse of a ‘charitable’ NFT project
Orica NFT's charity efforts have succeeded, but its token holders have not, and up until now, its co-founder was nowhere to be found.
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Weekend Wrap: Uniswap dev sacked for alleged rug, Steadefi hacker goes mixing and more
Uniswap developer AzFlin has admitted to creating the FRENS token but has argued what he did doesn't constitute a rug pull.
Users said CertiK’s warning was a false alarm, then, the project rugged
"Don't shoot the messenger," said the messenger before dying in a flurry of bullets fired from the barrels of angry crypto enthusiasts.
BALD token developer denies rug pull as price falls 85% post-launch
The BALD memecoin collapsed in price as collectors alleged an exit scam, but the developer claims not to have sold any coins.
Multichain’s ‘mysterious withdrawals’ have whiffs of a ‘rug pull’ — Chainalysis
Chainalysis told Cointelegraph that it was “describing it as a possible rug pull” based on an analysis of Multichain’s spurious transactions and internal problems.
Crypto developer commits $2M rug pull fraud to fuel gambling addiction
A Redditor described the developer’s gambling addiction excuse as a “weird way to rug” as projects usually just run away and delete all the evidence.
Logan Paul and CryptoZoo sued in class action lawsuit
Plaintiff Don Holland has filed a lawsuit against CryptoZoo and Logan Paul, alleging the YouTube influencer’s “fraudulent venture” executed a “rug pull.”
Defrost Finance breaks silence on ‘exit scam’ accusations, denies rug pull
Defrost Finance had not publicly commented on the rug-pull accusations in the media, until now.
350 new ‘scam tokens’ were created every day this year: Solidus Labs
From September 2020 to Dec. 1 over 200,000 scam tokens were created with well over half of those deployed this year.
Crypto scammers are using black market identities to avoid detection: CertiK
The blockchain security firm has uncovered a new tactic used by crypto scammers as the industry continues to improve its fraud detection capabilities.