Latest News and Articles about Rug Pull
Changpeng Zhao’s $1M Dilemma: Airdrop, Burn, or Boost Liquidity?
Changpeng Zhao’s $1M Community Gift: Navigating the Path Forward Changpeng Zhao, the former CEO of Binance, received an unexpected community gift of over $1 million following his donation to support victims of the Libra token rug pull. Now, Zhao faces the decision of how best to utilize these funds, sparking a debate on the most […]
Read MoreArgentina’s Senate Cancels Primaries for Milei Amid $4.6B Crypto Scandal
Argentina’s Senate Hands Javier Milei a Win Amid Crypto Rug Pull Scandal In a bold legislative move, Argentina’s Senate voted to cancel primary elections, a victory for President Javier Milei amid a tumultuous crypto scandal. This decision, aimed at reducing market volatility, passed with 43 votes in favor and 20 against. Yet, the shadow of […]
Read MorePump.fun: Solana’s Notorious Memecoin Launchpad Banned in UK Amid Controversies
Explained: Why is Pump.fun Called the Most Controversial Memecoin Launchpad? Pump.fun, a Solana-based memecoin launchpad that debuted on January 19, 2024, has earned its notorious reputation through a series of shocking and unethical activities. From market manipulation and rug pulls to offensive live streams featuring dangerous stunts, the platform has faced significant legal and regulatory […]
Read MoreArgentinian President’s Libra Memecoin Endorsement Leads to $100M+ Rug Pull Disaster
Argentinian President’s Endorsement of Libra Memecoin Ends in $100 Million+ Rug Pull What happens when a country’s president endorses a cryptocurrency that turns out to be a massive scam? In Argentina, President Javier Milei’s promotion of the Libra memecoin led to a meteoric rise and a catastrophic fall, leaving investors with a 95% loss. Javier […]
Read MoreHawk Tuah Girl Exposes HAWK Memecoin Scam: December Rug Pull Fallout
HAWK Crypto Scam: Hawk Tuah Girl Breaks Silence On December Rug Pull Hailey Welch, famously known as the “Hawk Tuah” girl, has finally addressed the HAWK memecoin scandal that shocked the cryptocurrency community back in December 2024. In a podcast episode that was quickly taken down, Welch revealed she was duped into the project, claiming […]
Read MoreDogWifTools Hackers Steal $10M, Condemn Solana in Vigilante Justice
DogWifTools Hackers Steal $10 Million, Condemn Solana in Vigilante Justice In a twist of irony, hackers exploited a vulnerability in DogWifTools, a notorious suite of software used for memecoin scams, to steal around $10 million in cryptocurrency. This incident isn’t just about theft; it’s a story of vigilante justice against the backdrop of Solana’s ongoing […]
Read MoreBiggest Crypto Rug Pulls of 2024: DIO, Froggy, Hawk Tuah, Sharpei, GUNIT Analyzed
Unpacking the Biggest Crypto Rug Pulls of 2024: Lessons from a Tumultuous Year Ever wondered how to spot a crypto scam before it’s too late? In 2024, the crypto world faced a series of devastating rug pulls, scams where developers abandon projects and abscond with investors’ funds. Understanding these incidents is crucial for anyone navigating […]
Read MoreCuba’s Crypto Chaos: Three Memecoins Launched and Rugged in 24 Hours
Cuba’s Memecoin Mayhem: Three Launches and Rug Pulls in 24 Hours In a shocking 24-hour span, Cuba launched three memecoins and saw them all vanish in rug pulls, leaving investors stunned. This whirlwind of crypto chaos not only showcases the volatile nature of memecoins but also raises questions about the security and regulation of cryptocurrency […]
Read MoreSEC Charges Blockchain Engineer Eric Zhu in GME Rug Pull, Settles for $823K
SEC Settles Fraud Charges Against Blockchain Engineer in GME Rug Pull Scheme Eric Zhu, the mastermind behind the Game Coin (GME) project, has been charged by the Securities and Exchange Commission (SEC) for orchestrating a rug pull, defrauding investors out of $553,000. Zhu is set to pay nearly $823,000 in fines and restitution as part […]
Read MoreEden Gallery Battles NFT Holders’ Lawsuit Over Meta Eagle Club Value Crash
Eden Gallery Fights Back Against NFT Holders’ Lawsuit Over Meta Eagle Club Eden Gallery has moved to dismiss a lawsuit filed by over 40 NFT holders of the Meta Eagle Club, asserting that any losses were due to market forces rather than fraud. Eden Gallery denies responsibility for NFT losses Over 40 NFT holders sue […]
Read MoreSquid Game Season 2 Tackles Crypto Scams: Dalmatian Token Echoes Real SQUID Fraud
Squid Game Season 2 Takes a Bold Leap into Crypto Scams The latest season of “Squid Game” delves into the murky world of cryptocurrency scams, with player 333, Lee Myeong-gi, revealed as a crypto influencer orchestrating a rug pull with the fictional Dalmatian (DAL) token. Amidst a backdrop of mixed fan reactions, the show eerily […]
Read MoreSocial Media Influencer Haliey Welch Accused in HAWK Memecoin Rug Pull Scandal
Social Media Influencer Haliey Welch Under Fire for Alleged HAWK Memecoin Scam Haliey Welch, a 22-year-old social media influencer, is mired in controversy with allegations of her involvement in a crypto rug pull scam involving the Solana-based HAWK memecoin. Despite facing serious accusations, Welch asserts her innocence and has pledged to cooperate fully with legal […]
Read MoreCalifornia Men Charged in $22 Million NFT Scam Using Rug Pull Tactics
California Men Face Charges in $22 Million Cryptocurrency Scam In a shocking turn of events, two Californians, Gabriel Hay and Gavin Mayo, have been charged with orchestrating a massive cryptocurrency scam amounting to $22 million. Their alleged fraudulent activities centered around non-fungible tokens (NFTs) have raised serious concerns within both crypto and legal circles. If […]
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