rug pull News

Pop singer Jason Derulo has found himself in hot water after promoting a meme coin that rapidly lost its value, igniting discussions about the role of celebrities in high-risk financial endorsements. These incidents not only lead to monetary losses but…

The WeCare Foundation is looking to help the victims of Sahil Arora, the alleged mastermind behind a plethora of pump and dumps over the past week. According to the foundation’s CEO, Saad Kassis Mohamed, the organization will legally and financially…

Nigerian singer Davido the latest celebrity to be involved in a rug-pull masterminded by Sahil Arora, an Indian national allegedly responsible for a number of other recent pump and dumps. With over 15.3 million followers on X and 7.9 million…

Netherlands officials announced the arrest of a suspect in fraud, embezzlement, and money laundering of the gaming platform ZKasino.

The developers of the ZKasino project presented a DAO management model for ZKAS token holders.

Spectra Chain’s native token, SPCT, experienced a significant decline, plummeting 43% on Friday morning following emerging allegations of a potential rug pull by its team. At the time of writing, the token was trading at $0.0094, marking a 27% fall…

The CONDOM meme coin team on the Solana network collected 4,965 SOL as part of the coin's presale and deleted its X page.

The URF meme coin team committed a rug pull and disappeared with 2,400 SOL collected during the coin's presale.

ONI, the utility token of Anonify, has experienced a dramatic decline, dropping over 90% in the past few weeks, contrasting sharply with the cryptocurrency markets, which have seen a notable increase in prices recently, with Bitcoin reaching new highs. The…

The Lena Network's CANDY token lost over 95% of its value today following a rug pull of 753 Ether, or approximately $2.9 million.

The Blast network's layer 2 solution built for Ethereum went dark shortly after funds were siphoned off. Here are the details.

As per SlowMist’s latest research report, Ethereum experienced the highest losses, amounting to $487 million, followed by Polygon. According to the SlowMist report, a total of 464 security incidents resulted in losses totaling almost $2.5 billion in 2023. The figure…

In anticipation of the launch of Sleepless AI farming on the Launchpool platform from Binance, unknown people conducted a rug pull of the token of the same name.

Hong Kong Police and SFC investigate Hounax, a non-licensed crypto exchange, after receiving 145 reports of fraud.

The crypto losses in October amounted to $51.6 million, an 85% decrease compared to September 2023. The crypto market in October 2023 suffered over 23 security incidents, such as hacker attacks, phishing scams, and rug pulls, resulting in a total…

Bloomberg’s ETF analysts haven’t ruled out the possibility that SEC Chair Gary Gensler may reject pending spot Bitcoin ETF applications at the eleventh hour. There’s a remote possibility that Gary Gensler, chair of the U.S. Securities and Exchange Commission, could…