Spotting Crypto Scams: How to Recognize and Avoid Rug Pulls | CoinGecko
Spotting Crypto Scams: How to Recognize and Avoid Rug Pulls | …
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WHAT IS A “RUG PULL” ? According to an article published by @CoinLedger “A rug pull is a type of cryptocurrency scam where developers create and promote a project, then leave investors with worthless assets” ARE RUG PULLS ILLEGAL ? “While rug pulling is not technically illegal, scammers may be guilty of related crimes like money laundering and wire fraud.” “At this time, there are no laws specifically relating to cryptocurrency rug pulls. However, many of these scams violate existing financial l
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