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Nalezeno "VC Rug Pull": 147

'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 Tuesday to defrauding buyers in a rug pull that netted almost $3 million, according to the U.S. Department of Justice (DOJ)

$720 Million Lost via 117 Hacking Incidents in Q3 of 2023 — Study


During Q3 of 2023, there were a total of 117 hacks in which $720 million was stolen via access control breaches and rug pulls among other security incidents, a new study has found. While the losses ($49.80 million) from rug-pull incidents are significantly lower than the $449 million lost...

Former OpenSea Executive Entangled in AnubisDAO Rug Pull Allegations


Kevin Pawlak, the former head of ventures at NFT marketplace OpenSea, is facing accusations connected to the AnubisDAO rug pull incident that occurred in 2021. The allegations came to light in an October 6 X (formerly Twitter) thread posted by an anonymous account called NFT Ethics.  For its part...

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