SJRB
Gold Member
The Hawk Tuah Girl Launched a Meme Coin, Everybody Lost Their Money, People Want Her Thrown in Jail
The Hawk Tuah Girl Launched a Meme Coin, Everybody Lost Their Money, People Want Her Thrown in Jailwindow.htlbid=window.htlbid||{},htlbid.cmd=htlbid.cmd||[],htlbid.cmd.push((function(){htlbid.setTarge...
This whole thing is incredible. Just incredible. barstoolsports has a nice summary and I'm sure Coffeezilla will get in on this asap.
Coindesk - What Is a Crypto Rug Pull?
A rug pull is a type of exit scam that involves a team raising money from investors and the public by selling a token only to quietly shut down the project or suddenly disappear, stealing the raised funds and leaving "investors" (i.e., their victims) with worthless tokens.
Rug pulls can be extensively orchestrated, with nefarious actors leveraging social media influencers and hype-generating campaigns to lure as many victims as possible.