Post
Topic
Board Altcoin Discussion
Re: Rug pull scams
by
MiF
on 12/09/2022, 00:50:55 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.
Well we always need to be careful scammers are smart and we need to be more smarter than them nft is on hype this days and i am sure that scammers will used this hype to get a lot of victim, i dont understand the last line about bitcoin  but i believe that after people loss from scam token they will hold thier bitcoin to prevent another scam or being engage with a valueless token.