Rug Pull Scam

Digital swirl man is inside it worried.
Cardano (ADA)
Ex-Cardano Project MELD Closes Amid Suspicious Circumstances

The abrupt end of MELD amid new product releases and the approaching bull market peak raises red flags among Cardano
by . Fact checked by: Ciaran Lawler, Editor: Stefan Trapp
A knight fighting a crypto demon.
Exchanges
Bitget Tightens Token Listing Rules to Fight Exit Scams, Rug Pulls

Bitget updates its token listing criteria with mandatory legal and security reviews after hackers impersonate Bitget listing managers.

by . Fact checked by: Ciaran Lawler, Editor: Stefan Trapp
Two hackers sitting on a sofa hacking on their laptops in a rug shop.
Solana (SOL)
Solana-Based Memecoin Religion In Turmoil Amid Rug Pull Accusations

Church of Smoking Chicken Fish evolved from a memecoin into a church. Now, it faces infighting and rug-pull accusations.

by . Fact checked by: Ciaran Lawler, Editor: Stefan Trapp
Usher posing with a golden toothpick and lots of red arrows.
Solana (SOL)
Usher’s Meme Coin Rugs in Minutes During X Hack

A fraudster ushers in a counterfeit meme coin on the singer's X account, making millions of dollars in 29 minutes.
by . Fact checked by: Ciaran Lawler, Editor: Stefan Trapp
Criminal dressed as Mcdonald's Ronald Mcdonald saying ''you've been mcrobbed'' walking away from a huge burger in the city with a big money bag.
Solana (SOL)
McDonald’s Hacker Boasts $700k Solana Profit from Memecoin Shilling

The hacker exploited McDonald’s official account to promote a fraudulent token before executing a rug pull.
by . Fact checked by: Ciaran Lawler, Editor: Stefan Trapp
Scottie Pippen with golden basketballs coming out of his hair.
Altcoins
Here’s Why Scottie Pippen’s Ethereum Venture Infuriated Fans

Famed on-chain sleuth reveals the dark side of celebrity-backed cryptocurrency ventures, pinpointing inconvenient connections.
by . Fact checked by: Ciaran Lawler, Editor: Stefan Trapp
Guy throwing digital dice and cards.
Crypto Market News
Why ZKasino Mainnet Launch Is Stirring FUD Among Investors

The decentralized protocol has sparked exit scam concerns among investors due to an unauthorized token swap involving several millions.

by . Fact checked by: Ciaran Lawler, Editor: Stefan Trapp
Man being arrested in a digital environment.
Regulations
Haru Invest CEO Arrested in South Korea for $828M Fraud 

The fraudulent investment platform allegedly defrauded over 16,000 South Koreans of more than a trillion won.
by . Fact checked by: Ciaran Lawler, Editor: Stefan Trapp
Squid game girl counting down, as a man ready to eleminate her waits behind.
Altcoins
Don’t Get Rugged by Squid Game Token Again

Amidst Squid Token's revival, caution prevails as history of scams raises skepticism despite renewed cultural interest in cryptocurrency.
by . Fact checked by: Ciaran Lawler, Editor: Stefan Trapp
Two hackers sitting on a sofa hacking on their laptops in a rug shop.
Coinbase News
MagnateFi Becomes Third Rug on Base: How to Stay Safe

Rugpulls are now a frequent occurrence on Base.
by . Fact checked by: Ciaran Lawler, Editor: Stefan Trapp
An alien looking at a hooded hacker working on computers with Cardano coins on display.
Cryptopedia
Types of Crypto Scams: Common Cryptocurrency Scams You Need to Watch Out for

Protect yourself and your cryptocurrency from these scams.
by and . Fact checked by: Ciaran Lawler, Editor: Stefan Trapp
Woman looking angry whilst a crypto influencer smiling behind her with a bunch of cash in his hand.
Crypto Market News
How Users Lost $1.8M to Crypto Influencers in 1 Week

Users are still falling into crypto influencers' traps which made millions off of their FOMO.

by . Fact checked by: Ciaran Lawler, Editor: Stefan Trapp
Two hackers sitting on a sofa hacking on their laptops in a rug shop.
Ethereum (ETH)
Another Rug Pull? Ben.ETH-Linked Token Drained of $100K

A latest incident raises further questions about the influencer's past crypto projects and his credibility.

by . Fact checked by: Ciaran Lawler, Editor: Stefan Trapp
A man carrying a rug over a bridge towards a green moon.
Crypto Market News
CertiK Denies Responsibility for MerlinDEX Rug Pull

CertiK audited a project which later rugged user funds for $2 million. The firm denies responsibility for the incident.
by . Fact checked by: Ciaran Lawler, Editor: Stefan Trapp
Soulja Boy surrounded by submerged golden Ethereum logo and floating sports cars 3D NFT.
NFTs
Soulja Boy’s Latest Hustle? Cranking NFT Scams

Soulja Boy scams have been put under a magnifying glasses.
by . Fact checked by: Ciaran Lawler, Editor: Stefan Trapp
A person falling from the sky into the ocean alongside crypto coins, like in pump and dump scam.
Altcoins
6 Most Dramatic Pump and Dump Scams in Crypto History

These six pump and dump scams took the crypto ecosystem by storm.

by . Fact checked by: Ciaran Lawler, Editor: Stefan Trapp
DeFi rug pull scam audit article visual shows human hand holding the carpet with stacked coins.
Investigations
How Auditors Detect a DeFi Rug Pull Scam: Can You Do It Yourself?

Hacks on DeFi protocols happen through security breaches and code exploits. DeFi security audits are critical to prevent them.
by . Fact checked by: Ciaran Lawler, Editor: Stefan Trapp
Crypto-Market-Tanks_FTX-Hacker-Dump_Ethereum_hacker_eth_code_coins_web
Altcoins
Defrost Finance ‘Hacked’ for $12 Million, Security Firms Call it a Rug Pull

Security firms PeckShield and CertiK say the alleged hack was an exit scam by Defrost Capital's team.

by . Fact checked by: Ciaran Lawler, Editor: Stefan Trapp
coins on a hook, coming from a cloudy sky. The illustration aims to represent crypto scams.
Binance News
Token Scams Jump 41% to 350 Per Day, On-Chain Data Shows

A blockchain security firm has reported more than 117,629 scams so far this year.
by . Fact checked by: Ciaran Lawler, Editor: Stefan Trapp
Magic Eden Started Refunding To Wallets Affected by Degen Town Drain
NFTs
Magic Eden Starts Refunding Wallets Affected By Degen Town Drain

NFT marketplace took responsibility for scam on their launchpad.
by . Fact checked by: Ciaran Lawler, Editor: Stefan Trapp
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