Rug Pull Financial News

18.04 / 17:13

Ethereum Rug Pull Fake OMNI Token Rug Pulls $400k as Real Token Price Crashes Over 55%

The launch of Omni Network’s OMNI token on April 17 marked a significant milestone for the Layer-1 testnet blockchain, which aims to enhance Ethereum rollup interoperability.

04.04 / 15:17

Ethereum Rug Pull Analysts Raise Suspicions Involving 100 ETH Transaction from AssangeDAO Address

SlowMist analysts have expressed concern over a 100 ETH transaction originating from an AssangeDAO address directed to a recipient apparently linked to the decentralized autonomous organization (DAO) on March 10.

06.03 / 23:37

ETH Trade show Rug Pull Candy Token Plummets 87% After Lena Network Rug Pull – Here’s What Happened

The Lena Network’s newly launched Candy token lost virtually all of its value on Wednesday shortly after the liquidity protocol seemingly rug-pulled the project.

27.02 / 21:19

NFT Anti-money laundering Rug Pull Cyber Senior U.S. Military Airman and Cyber Analyst Charged with Money Laundering for NFT “Rug Pull” Scheme

Two individuals, including a senior airman and cyber analyst in the U.S. military, have been charged for money laundering in connection to an NFT “rug pull” scheme, a February 23 statement from U.S. Immigrations and Customs Enforcement (ICE) reveals.

26.02 / 16:37

Rug Pull blast Blast Ecosystem’s ‘RiskOnBlast’ Rug Pulls $1.3M Ether in Apparent Scam

The RiskOnBlast project, a gambling platform based on the Blast layer-2 ecosystem, has come under suspicion following the disappearance of its funds, website, and social media presence, raising concerns of a potential rug pull—the first of its kind on Blast.

22.01 / 20:41

Rug Pull SatoshiVM Team Wallet Activity and 25% Price Decline Cause Rug Pull Fears

The recently launched cryptocurrency SatoshiVM (SAVM) is being accused of being a scam, with a price decline and suspicions of an exit scam known as a “rug pull” in the crypto community.

15.12 / 15:11

interview Rug Pull Crypto Crime Public-Private Partnerships Necessary in Investigating Crypto Crimes: Former IRS Agent and Lead Investigator at Merkle Science

In an exclusive interview with CryptoNews, former IRS agent Richard Reinhardt, now serving as the lead investigator at Merkle Science, talked about growing challenges in investigating crypto-related crimes and the need for public-private partnerships.

25.10 / 19:05

Hack Bitcoin Rug Pull Q3 Rug Pulls Account For Majority of Scams as Q3 2023 Exploits Wipe Out $720 Million

The impact of digital asset scams has been a major talking point around policies, regulations, and developer’s direction this year with millions lost across chains to bad actors.

24.10 / 17:59

scam Rug Pull Crypto Community Fears Rug Pull as Safereum Faces Drastic Liquidity Drain Post $600,000 Fundraising

The cryptocurrency community is fearing a rug pull after Safereum saw huge sums of liquidity drained, making off with around $1.3 million worth of funds, according to blockchain security experts.

18.10 / 03:09

BTC Bitcoin Rug Pull reports gatherings ‘Crypto Rug Pull’ Leaves ‘Hundreds’ of Central African Republic Investors ‘Penniless’

Police in the Central African Republic suspect a rug pull after the operators of a crypto firm “vanished overnight.”

03.10 / 05:23

scam Rug Pull Rug Pull In Crypto: What It Is And How To Avoid The Scam

Rug pull is a major problem in the cryptocurrency industry.

07.09 / 17:29

Blockchain Adoption Rug Pull controversy freeze Binance’s indecision to freeze BNB wallets drew controversy in this $11M rug pull

A BNB Chain rug pull scammed users out of $2 million worth of BNB ($11 million at today’s prices). Users asked Binance for help, and Binance said it had frozen the funds but then retracted the statement. The funds sat in the address for nearly two years until Binance suddenly took action to freeze the scammer’s wallet, which had grown to $10.8 million. Previously, Binance had stated that it could not freeze wallets outside of exchange addresses due to BNB Chain’s decentralized nature. Users were unhappy and demanded that Binance do more. This is the story of the PopcornSwap scam.

06.09 / 19:21

Blockchain Technology Binance defi Rug Pull Binance creates smart contract to refund users affected by $3M rug pull

Crypto exchange Binance has created an automated smart contract to reimburse users following the events of the Xirtam rug pull.

05.09 / 22:35

Rugpull Synapse Rug Pull Synapse Token Price Plummets as Nima Capital Dumps 9 Million SNY Tokens – Community Suspects Rug Pull

On September 5, the native token of Synapse (SYN), a decentralized finance (DeFi) cross-chain bridge, experienced a substantial price drop as an unidentified liquidity provider offloaded approximately 9 million SYN tokens and withdrew all stablecoin liquidity from the platform.

25.08 / 00:05

Blockchain Altcoin Tokens memecoin Pepe Rug Pull PEPE plunges 15% as strange token movements spark fears of rug pull

The price of the frog-themed memecoin Pepe (PEPE) has plunged nearly 15% after recent changes to a multisig wallet and new token transfers ignited fears of a “rug pull” by its developers.

31.07 / 17:45

Blockchain Ethereum Tokens Scams Launch memecoin Rug Pull BALD token developer denies rug pull as price falls 85% post-launch

A new memecoin on Coinbase’s Base network fell 85% after its developer allegedly pulled liquidity of 1,034 Ether (ETH), worth approximately $1.9 million, from the market, according to social media reports. The developer for BALD denied making any market sales of the coin, stating that they “only added/removed 2 sided liquidity and bought.”

17.07 / 07:57

defi Altcoin Scams Tornado Cash memecoin Rug Pull AnubisDAO's 13.5K ETH rug pull money washes away on Tornado Cash

Nearly two years after the dog-inspired decentralized finance (DeFi) project — AnubisDAO — was rug-pulled for almost $60 million in Ether (ETH), the stolen funds were siphoned away using Tornado Cash.

08.07 / 09:57

Law NFT Scams Court investigation Rug Pull ZachXBT’s research cited in Canadian NFT rug pull class-action lawsuit

The investigative work of independent blockchain sleuth ZachXBT has been cited in a class-action lawsuit in Canada against Boneheads, an alleged $3.1 million nonfungible token (NFT) rug pull.

05.07 / 13:21

Altcoin Liquidity Scams Rug Pull Crypto developer commits $2M rug pull fraud to fuel gambling addiction

According to a Reddit post, a developer has posted an unusual farewell note, apologizing and blaming his online gambling woes after leaving a project in shambles, turning a $2 million valuation into $20,000 within minutes.

03.07 / 14:15

defi hacks Scams Smart Contracts Arbitrum Rug Pull Chibi Finance $1M alleged rug pull: How it happened

On June 26, decentralized finance (DeFi) aggregator Chibi Finance was exploited by its own deployer account, and $1 million worth of cryptocurrency was drained from its contracts in an apparent rug pull or exit scam. The protocol’s official user interface disappeared, producing a 404 error, and all social media for the app was taken down. After the funds were drained, they were swapped for Wrapped Ether (WETH) and bridged to Ethereum, where they were afterward sent to Tornado Cash by the attacker.

26.06 / 18:31

UPS Provident Waves Platform Rug Pull BigEyes turned out to be a rug pull. MOOKY, on the other hand, presents Last Chance to Participate in Presale, Raising Over 800k in Funding⁣

Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content.

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