Crypto Glossary
Rug Pull
A rug pull is a scam where a project’s creators abruptly abandon it and run off with investors’ money, often by draining its liquidity pool. It is most common among anonymous, hype-driven tokens.
A rug pull is a scam where a project’s creators abruptly abandon it and run off with investors’ money, often by draining its liquidity pool. It is most common among anonymous, hype-driven tokens.