Crypto Rug Pulls EXPLAINED.. Here's What You Need To Know

Welcome back to Steady Stack. A rug pull is a type of crypto scam that occurs when a team pumps their project’s token before disappearing with the funds, leaving their investors with a valueless asset.

Rug pulls happen when fraudulent developers create a new crypto token, pump up the price and then pull as much value out of them as possible before abandoning them as their price drops to zero. Rug pulls are a type of exit scam and a decentralized finance (DeFi) exploit.

#Crypto #RugPulls #RugpullsHistory

Related videos:

What is a Rug Pull in Crypto? (Meaning + 3 Examples)
[ Ссылка ]

What Is a Rug Pull? [ Rug Pull Explained with Animations ]
[ Ссылка ]

Top 5 Ways to Spot a Rug Pull 🕵️ | Rug Pull Crypto Explained 🕵️
[ Ссылка ]

свернуть