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Tether CTO: Terra wasn’t a rug pull, it was a poorly designed ‘castle of cards’
20.5.2022
“It was clear to me, it was clear to many that I know that it was a bad idea,” said Tether and Bitfinex CTO Paolo Ardoino
NY Sen. Thomas proposes to criminalize rug pulls and other crypto frauds
24.4.2022
Senator Kevin Thomas seeks to provide prosecutors with a clear legal framework against crypto crimes that align with the spirit of the blockchain while combatting fraud
The End of NFT Rug Pulls?
19.4.2022
The ERC-721R standard guarantees refunds for non-fungible tokens, offering greater security for buyers and legitimacy for creators. But risks remain for both sides
NFT Rug Pull: DOJ Charges Two People in Million-Dollar Scheme to Defraud Investors
26.3.2022
The U.S. Department of Justice (DOJ) has charged two people allegedly behind a million-dollar non-fungible token (NFT) “rug pull” scheme. They abandoned the NFT project within hours after selling out, deactivated the website, and transferred over $1 million in crypto to the wallets...
DOJ cracks down on 'rug pulls', charging Frosties NFT project founders
25.3.2022
“You can’t solicit funds for a business opportunity, abandon that business and abscond with money investors provided you,” stressed IRS-CI Special Agent-in-Charge Thomas Fattorusso
US Justice Dept. Charges 2 in NFT Money-Laundering, 'Rug Pull' Scheme
24.3.2022
"They pulled the rug out from under the victims," law enforcement said of the creators of the Frosties NFT collection
Coinbase Pulls Buying Instructions for Three Coins Amid Rug Pull Warnings
11.2.2022
US crypto exchange Coinbase has decided to scrap 'how to buy' instructions for a minimum of three crypto tokens following the emergence of rug pull warnings indicating that investors’ cybersecurity and funds were in danger.
Rug pulls happen when crypto developers unexpectedly drop a project...
Crypto rug pulls: What is a rug pull in crypto and 6 ways to spot it
6.2.2022
Rug pulls are crypto scams that occur when developers of a new cryptocurrency pump a token's value and vanish with the funds as the coin’s value collapses
Youtuber and alleged thief publicly refuses to return investors' funds after $750k rug pull
2.2.2022
"Yeah, I could give the money back. It is within my power, but I'm gonna look out for myself and not do that," said Ice Poseidon when confronted in a video interview
Cyber vigilante hunts down DeFi scammers running away with $25M rug pull
30.1.2022
An exclusive Cointelegraph interview on tracking down a group of DeFi scammers responsible for the $25 million StableMagnet rug pull
CertiK's identification of Crypto Cars as 'rug pull' was a false alarm
28.1.2022
A temporary website outage of the project's main site, among other factors, led to the error
Chinese police unearth multi-million dollar DeFi rug pull
18.1.2022
The Chizhou police arrested eight people from different provinces in December and froze assets worth millions
Certik identifies Arbix Finance as a rug pull, warns users to steer clear
5.1.2022
Blockchain security firm Certik warned users to stop interacting with Arbix Finance as they have identified the project as a rug pull
India's CBDC, Ozzy Bites NFT, Decentralized Autonomous Rug Pull + More News
28.12.2021
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.______ ...
Read More: India's CBDC, Ozzy Bites NFT, Decentralized Autonomous Rug Pull + More News
Metaswap Gas incommunicado as experts link MGAS price drop to rug pull
27.12.2021
Following the unexpected MGAS price drop, Metaswap Gas' social media accounts were deleted, supporting PeckShield’s claim of a rug pull
Beware of sophisticated scams and rug pulls, as thugs target crypto users
24.12.2021
The year 2021 has seen an increase in “rug pulls,” a new scam capable of luring both early adopters and new crypto investors
Scammers Stole USD 7.7B in Crypto in 2021 Amid Rug Pull Surge - Chainalysis
17.12.2021
Scams continue to generate the largest stream of cryptocurrency-based crime by transaction volume, with more than USD 7.7bn worth of crypto stolen from victims across the world so far this year, according to a recent report by blockchain analysis company Chainalysis....
Read More: Scammers Stole...
How to spot a rug pull in DeFi, 6 tips by Cointelegraph
11.11.2021
Cointelegraph shares six tips on how to safely invest in Defi projects in our latest in-depth video
Investors rug-pulled after pouring $57M into dog-themed OlympusDAO fork
1.11.2021
Hong Kong police have reportedly been notified of the incident, with the primary suspect having filed a police report and handed a computer over to authorities
Solana Slows After Rally, Users Fear First ‘Rug Pull’
20.8.2021
The recently massive price rise of the Solana blockchain’s native token SOL took a breather on an otherwise green day for the crypto market, while news broke that a Solana-based decentralized finance (DeFi) protocol known as Luna Yield went offline.
At press time on Friday (08:39 UTC), SOL...