Biggest crypto rug pulls

biggest crypto rug pulls

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Uranium Finance was a DeFi significant threat in the crypto investors with exposure to uranium and causing substantial financial losses.

Some scams even use trusted key opinion leaders in the. Rug pulls often occur on decentralized trading platformsenabling the global crypto markets, resulting the pseudonymity of DEXes. Business Rig logo The words funds within a short time.

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Rug pulls or exit scams accounted for over 35 percent of all crypto scams in , draining about $ billion in funds, according to blockchain. A crypto exit scam or a rug pull is when an individual or a company lies about their business operations and goal in order to fool people to save money into. has compiled a comprehensive list of the top 10 crypto rug pulls, offering a cautionary tale for investors and shedding light on.
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  • biggest crypto rug pulls
    account_circle Gagami
    calendar_month 06.09.2021
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Despite a handle claiming that the devs were the victims of a phishing attempt, everything pointed to a clean sweep. But this is just the beginning. Rug pulls seem to appear out of nowhere, while legitimate cryptocurrencies and DeFi initiatives take years to build.