What is a Rug Pull Scam?
Learn to Protect Your Crypto Investments

Understanding Crypto Scams

Protect Your Investment

A rug pull scam occurs when developers of a cryptocurrency project suddenly withdraw all funds from the liquidity pool and vanish, leaving investors with worthless tokens.

This scam typically happens in DeFi (Decentralized Finance) projects, where scammers create hype around a new token, attract significant investment, and then disappear with the funds. Understanding how rug pull scams operate can help you identify red flags and protect your crypto investments.

Pig Butchering Scams

Scammer gains the victim’s trust and then convinces them to invest in a fake cryptocurrency scheme.

Trading Bot Scams

Fraudulent software that promises to automate cryptocurrency trading for high returns.

Rug Pull Scams

Scammers create hype around a new token, attract significant investment, and then disappear with the funds

Pump and Dump Schemes

Scammers artificially inflate the price of a cryptocurrency, and then they sell all their holdings, leaving investors with significant losses

Fake Exchanges and Wallets

Websites and apps mimicking legitimate services designed to steal user’s funds.

Investment Scams

Scammers posing as reputable advisors or investment platforms promising high returns with little risk.

Crypto Recovery Scams

Crypto recovery scams target victims of previous cryptocurrency scams by promising to help recover lost funds