Post
Topic
Board Altcoin Discussion
Topic OP
Rug pull scams
by
Belinda1732
on 10/09/2022, 16:36:13 UTC
Rug pull scams "pumping up" a new project, nonfungible token (NFT) or coin to get funding. After the scammers get the money, they disappear with it. The coding for these investments prevents people from selling the bitcoin after purchase, so investors are left with a valueless investment.