Flits (FLS) token up 20% despite $1.68M rug pull incident – details

Updates on Flits (FLS) rug pull dominated the crypto market on October 11 after the altcoin faced a $1. 68 million exit scam. The development caught the market’s attention as the BNB Chain-based coin faced the heist within a day of launching.

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Meet the guerilla artist who staged a crypto ‘rug pull’ in front of the SEC

Artist Nelson Saiers’ “Rug Pull” highlighted the victims of crypto rug pulls and perceived SEC inaction in safeguarding investors.

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OpenSea ‘unaware’ of any involvement of former exec in $60M rug pull

A former OpenSea employee has been accused of assisting the infamous AnubisDAO rug pull in 2021, but some commentators have raised doubts.

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DeFi Protocol Sparks Speculation Of $16 Million Rug Pull After Severing Lines of Communication

DeFi protocol, Hector Network, has closed its official Discord server, leaving many investors in the dark. The move comes amidst growing suspicions of a $16 million rug pull engineered through a so-called hard rug, a process where funds are quickly moved, leaving investors with shitcoins.

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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.

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Dogecoin Copycat Ends Up Being "Rug Pull"

The price of TeddyDoge (TEDDY) has collapsed to virtually zero, with the scammer behind the rug pull making away with millions of dollars

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Zachxbt’s investigation of Project Shura’s $1.7M rug pull leads to public wallet

Onchain detective Zachxbt has revealed details about another NFT rug pull involving Project Shura. The post Zachxbt’s investigation of Project Shura’s $1.7M rug pull leads to public wallet appeared first on CryptoSlate.

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Famous French influencer masterminds $960k NFT rug pull

Popular on-chain sleuth, Zachxbt, has revealed information about another rug pull in the non-fungible token scene. The post Famous French influencer masterminds $960k NFT rug pull appeared first on CryptoSlate.

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Investors lose $20 million in NFT rug-pull

Since the beginning of the year, we’ve reported about NFT scams supported by celebrities, and unfortunately, another multi-million dollar rug pull recently occurred in the NFT space The depressing scourge of NFT scams Writing this piece, it dawned on me that this is the fourth NFT rug pull I’m reporting on this year, and as […] The post Investors lose $20 million in NFT rug-pull appeared first on NFT News Today.

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Investors lose $20.7 million in Bored Bunny NFT promoted by multiple celebrities

Popular blockchain detective Zachbxt has revealed details about a possible rug pull that occurred on the Bored Bunny NFT collection, leading to the loss of around $20. 7 million. The post Investors lose $20.

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Pair arrested for $1.1 million NFT scam

NFT-related scams have been on the rise lately; finally, authorities in the US arrested two over an alleged rug pull involving NFT assets. NFT Projects: Good or bad? More than once, we’ve witnessed NFTs being used as a tool to scam, steal, or launder money.

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DOJ initiates first NFT rug-pull prosecution with charges against Frosties founders

In a landmark decision, the Department of Justice has announced that it’ll be prosecuting two men over their involvement in the Frosties NFT rug pull. The post DOJ initiates first NFT rug-pull prosecution with charges against Frosties founders appeared first on CryptoSlate.

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US Justice Dept. Charges 2 in NFT 'Rug Pull' Scheme

"They pulled the rug out from under the victims," law enforcement said of the creators of the Frosties NFT collection.

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Fantom Foundation debunks misinformation after Andre Cronje’s departure

Almost a week ago, Andre Cronje announced his and his colleague Anton Nell’s departure from crypto and DeFi.   Immediately, the rumors of their exits sent the tokens of projects associated with them crashing amidst fears of a rug pull.

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DeFi pioneer Andre Cronje quits industry, associated projects slump

The rumors of their exits have sent the tokens of projects associated with them crashing amidst fears of a rug pull. The post DeFi pioneer Andre Cronje quits industry, associated projects slump appeared first on CryptoSlate.

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Youtuber and alleged thief publicly refuses to return investors' funds after $750k rug pull

"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.

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Cyber vigilante hunts down DeFi scammers running away with $25M rug pull

An exclusive Cointelegraph interview on tracking down a group of DeFi scammers responsible for the $25 million StableMagnet rug pull.

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CertiK's identification of Crypto Cars as 'rug pull' was a false alarm

A temporary website outage of the project's main site, among other factors, led to the error.

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Failed promises and rug pull accusations? Cardstarter and SundaeSwap blame each other

Cardstarter and SundaeSwap find themselves embroiled in drama, with each accusing the other of foul play. The post Failed promises and rug pull accusations? Cardstarter and SundaeSwap blame each other appeared first on CryptoSlate.

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Watch out investors! These crypto projects have rug pull potential

In a series of tweets, the leading blockchain security and data analytics company, PeckShield, has revealed that up to 50 crypto projects domiciled on the Binance Smart Chain could be rug pulled. The post Watch out investors! These crypto projects have rug pull potential appeared first on CryptoSlate.

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CertiK identifies Arbix Finance as a rug pull, warns users to steer clear

Blockchain security firm CertiK warned users to stop interacting with Arbix Finance as they have identified the project as a rug pull.

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Airdrop Mania Sees Latest Airdrop Rug Pull on Buyers Through Smart Contract Exploit

As reported by @cat5749, a scam surfaced on Dec. 31, 2021 to reward $YEAR tokens to ETH transactions based on the contents of their Metamask wallet. The post Airdrop Mania Sees Latest Airdrop Rug Pull on Buyers Through Smart Contract Exploit appeared first on BeInCrypto.

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Squid Game inspired token rallies 500% to become a top gainer, but investors should...

After the rug pull that was the Squid Game [SQUID] token in 2021, one might think people would stay far away from seafood or Korean drama-related meme coins. However, this doesn't seem to be the case The post Squid Game inspired token rallies 500% to become a top gainer, but investors should... appeared first on AMBCrypto.

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Команду проекта Metaswap Gas заподозрили в экзит-скаме

Протокол Metaswap Gas (MGAS) на базе Binance Smart Chain (BSC) стал объектом схемы rug pull, сообщили специалисты компании PeckShield. #RugPull PeckShield has detected that @MetaSwapMGAS soft-rugged, the stolen funds (1,100 BNB) are transfered to @TornadoCash (#BSC).

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Metaswap Gas incommunicado as experts link MGAS price drop to rug pull

Following the unexpected MGAS price drop, Metaswap Gas' social media accounts were deleted, supporting PeckShield’s claim of a rug pull.

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$7 Billion in Total Losses: Reviewing the Biggest Crypto Scams of 2021

Over $7. 7 Billion was stolen by crypto-scammers in 2021. Rug pull scams top the list with over $2. 8 Billion. The majority of scams took the form of DeFi and DEX projects. A Chainalysis sneak-peek report into global crypto-crimes has revealed over $7.

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Chainalysis: на схемы rug pull пришлось 37% доходов мошенников за 2021 год

За 2021 год мошенники похитили у пользователей более $7,7 млрд в криптовалютах. Свыше трети этой суммы пришлось на так называемые rug pull, сообщила аналитическая компания Chainalysis. Количество киберпреступлений на крипторынке выросло на 81% по сравнению с 2020 годом.

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Avalanche’s first memecoin SDOG ends in a $30M rugpull

SnowdogDAO (SDOG), the first memecoin to launch on Avalanche, lost over 90% of its value yesterday in what many believe was the platform’s largest rug pull. The post Avalanche’s first memecoin SDOG ends in a $30M rugpull appeared first on CryptoSlate.

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Despite Binance Investigation, SQUID Game Token Up Over 800% In Hours After Monumental Crash

The SQUID token has come under investigation by Binance in an attempt to unravel the circumstances behind the “scam”. The token surged by over 85,000% in under a week before plummeting to record lows in what appears to be a rug pull.

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Binance Froze Squid Game Token Developers’ Wallet Addresses

In a statement earlier today, Binance confirmed that it has frozen and blacklisted wallet addresses associated the developers of Squid Game Token. Squid Game Token Drama Continues As the whole Squid Game Token Saga unfolds, it’s great to see Binance step in and attempt to identify the bad actors responsible for the “rug pull”.

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Squid Game Price ($SQUID) Pumping Once Again, Up Over 400%!

Remember when Squid Game Token executed a “rug pull” and crashed the price to $0? Well the drama is not over yet, investors are buying back in again – just like in the show! Squid Game Price Back Up Just like in Netflix’s Squid Game when participants returned back for a second time, knowing all […] The post Squid Game Price ($SQUID) Pumping Once Again, Up Over 400%! appeared first on NullTX.

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‘Squid Game’ Crypto Crashes To $0 In Minutes

Squid Game token, which made the news last week by soaring over 90,000% in price, is the latest rug pull crypto scam to hit the industry after founders disappeared yesterday with over $4. 3 million of user invested funds.

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Shiba Inu-Inspired Project Exits With $60 Million In Latest DeFi Rug Pull

Investors have lost circa $60,000,000 worth of ETH in the latest DeFi scam AnubisDao that occurred on October 29th, 2021, approximately 30 hours after the project was launched on discord. AnubisDAO developers marketed the project as a fork of OlympusDAO, a decentralized reserve currency that aims to bring more financial stability and transparency by building a decentralized financial […]

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Police forces jump into AnubisDAO saga after $60 million ‘rug’

Launched last week, in the midst of the “dog-coin” surge, AnubisDAO lost control of the project’s liquidity pool, as $60 million of investors’ funds got drained in what appears to be another rug pull incident.

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How To Spot a Rug Pull? What is Rug Pull in Crypto & How To Prevent It?

It is the worst nightmare of every crypto investor. It’s a betrayal of trust of wanton proportions. Some have lost their life savings to it, while others have plunged into depression and suicidal thoughts.

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Will SEC Rug Pull on Bitcoin ETF?

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The General Risks of Rug Pulls and How to Prevent Them

Individuals must be aware of the significance of the term “rug pull” to better understand what is going on in the cryptocurrency world. A rug pull is a type of theft in which the proprietors of a cryptocurrency project quit it after taking money from investors.

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Solana NFT “Iconics” defrauds people of $130,000 in SOL

Solana-based NFT project Iconics appears to have pulled off a rug pull, defrauding unsuspecting investors of over $130,000. The post Solana NFT “Iconics” defrauds people of $130,000 in SOL appeared first on CryptoSlate.

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MoonPirate responds to accusations it is just another Binance Smart Chain “rug pull”

MoonPirate collapses less than half a year after launching on the Binance Smart Chain (BSC), leaving many to question if it was a thinly veiled scam from the start. The post MoonPirate responds to accusations it is just another Binance Smart Chain “rug pull” appeared first on CryptoSlate.

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Solana Based DeFi Protocol, Luna Yield, Goes Dark as Customers Fear An Exit Scam: Report

While the market appears to be rallying once more, this month hasn’t been all sunshine and rainbows for crypto platforms. In what is growing to be an alarming trend, it appears that a rug pull might have duped some crypto investors.

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Mind Music: A Rug Pull Proof DeFi Project Working to Bring Awareness Around Mental Health

Mental health is still a taboo subject as not many who suffers from it silently ever comes out in the open to share their problems or seek medical help. One of the key reasons for that is the lack of awareness among the general masses on how to deal with and help people suffering from […]

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ShibaSwap Staking Contract May Have Critical Design Flaw: Ex-Santiment CTO

Yet another DeFi project may have a backdoor for a potential "rug pull," according to blockchain veteran Valentin Mihov

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This token crashes 99.99% within minutes after $2.3 million Rug Pull

WhaleFarm, a DeFi project with an entirely anonymous team has reportedly swindled approximately $2. 3 million from investors. Its native token's value depreciated to almost nothing as soon as the news The post This token crashes 99.

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You need to know about rug pulls and its effect on Ethereum and DeFi

Among hacks and malicious maneuvers plaguing the DeFi ecosystem, rug pull is currently top of the list. With several recorded instances in the past six months, rug pulls have thrived on DEXes. The topThe post You need to know about rug pulls and its effect on Ethereum and DeFi appeared first on AMBCrypto.

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Polywhale Team Jumps Ship Amid DeFi Rug Pull Accusations

The Polywhale decentralized finance (DeFi) protocol has been shut down with the team selling off their tokens in what appears to be the latest rug pull. The post Polywhale Team Jumps Ship Amid DeFi Rug Pull Accusations appeared first on BeInCrypto.

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Polywhale Finance founders accused of rug pull amid abrupt shut down

The founders of the DeFi yield farm have allegedly redeemed over $1 million worth of tokens as the Treasury wallet was drained Monday.

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Alchemix DeFi Protocol Fixes Reverse Rug Pull Vulnerability

The Alchemix decentralized finance (DeFi) protocol discovered a potential exploit and acted quickly enough with a patch before the funds disappeared. The post Alchemix DeFi Protocol Fixes Reverse Rug Pull Vulnerability appeared first on BeInCrypto.

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DeFi Token Touted by Billionaire Mark Cuban Collapses to Zero

Billionaire Mark Cuban claims that he got out before the Iron Finance "rug pull" took place

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Bitcoin: Get Ready to Take Cover if FOMC Meeting Misses the Mark

Market sentiments are in Bitcoin’s favor as on-chain data signals an influx of retail and with stimulus checks coming in, as long as Fed Chairman Jerome Powell doesn’t pull the rug on equities. The post Bitcoin: Get Ready to Take Cover if FOMC Meeting Misses the Mark first appeared on BitcoinExchangeGuide.

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