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 ...

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 ...

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 ...

Hayden Davis, CEO of Kelsier and the developer behind LIBRA, rejected claims that the token's collapse was a rug pull. Davis argued that the LIBRA situation was not an intentional scam.

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 ...