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Crypto & Digital Assets

Rug Pull

Also called: rugpull, exit scam, soft rug

A rug pull is a project's creators abandoning it and taking investors' money, usually by draining the liquidity pool or dumping a hidden allocation. The tells are checkable before investing: unlocked liquidity, anonymous teams with no track record, contracts with a mint function, and token distributions where insiders hold most of the supply.

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