Siqi Chen caused another chaotic moment in meme token circles, after launching the Zero (ZERO) token. He then put up a selling order, claiming it was a mistake, then bought back and burned his ...

Allen Zhang, co-founder and chief technology officer of Web3 cybersecurity firm GoPlus, told Cointelegraph that the most prevalent type of rug pull is the “honeypot token” scam, which has been ...

He said rug pull schemes, especially those involving cryptocurrency, are on the rise. “Scammers typically launch a new token or a non-fungible token ( T) and promote it heavily, promising huge ...

"Do not take financial advice from a pickle," the Fortnite video joked—yet the storyline pumped a Solana meme coin inspired ...

A rug pull is a type of fraud where developers roll out a new virtual token or project, highly promote it in order to get investors, and then disappear with all the funds, leaving the investors ...

Libra insider wallets. Source: Lookonchain The Libra token briefly rose to a peak market capitalization of $4.56 billion at 10:30 pm UTC on Feb. 14 before falling over 94% to the current $257 ...

A lawyer and plaintiff in the lawsuit said lawyers saw there was an illicit association to commit fraud in the $LIBRA launch Milei's office denied the president was ...

The apparent LIBRA token rug pull is the the latest incident to negatively affect the Solana memecoin ecosystem, Galaxy Research said in a report on Monday. The narrative had already began to sour ...

Industry observers said the operation was likely a "rug pull" - a scam where developers unveil a crypto token, attract investors, then quickly cash out. Rights NGO Observatory for the Right to the ...

The Solana-native Libra (LIBRA) token started its rally on Feb. 14 ... s fintech chamber acknowledged that the case may be a rug pull. “This scandal, which embarrasses us on an international ...

The token's market cap crashed 90%, erasing over $4 billion in market cap. The country's fintech chamber said the LIBRA case could potentially be a “rug pull," in which developers abandon a ...