Anatomy Of A Rug Pull: Investor Due Diligence
A sinking feeling washes over you as you realize your investment has vanished. The project website is gone, social media accounts deleted, and the development team is nowhere to be found. Welcome to the world of "rug pulls" – a scam common in the cryptocurrency and decentralized finance (DeFi) space, where developers abandon a project and run away with investors' money. Understanding what rug pulls are, how they work, and how to identify them is crucial for anyone navigating the often-turbulent waters of Crypto investing.
What is a Rug Pull?
Defining a Rug Pull
A rug pull is a malicious maneuver in the cryptocurrency world where developers abruptly abandon a project, liquidating all the token's value, and leaving investors with worthless assets. It's analogous to someone pulling the rug ou...








