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rug pull

ZKasino rug pull suspect detained in Netherlands

by Isaac Wright
ZKasino rug pull suspect detained in Netherlands

Netherlands officials announced the arrest of a suspect in fraud, embezzlement, and money laundering of the gaming platform ZKasino. The Fiscal Information and Investigation Service (FIOD) statement said that the …

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ZKasino presents DAO governance model following accusations of $32m rug pull

by Isaac Wright
ZKasino presents DAO governance model following accusations of m rug pull

The developers of the ZKasino project presented a DAO management model for ZKAS token holders. The project team shared an update to its governance system, in which the developers, who …

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SPCT token plunges 43% amid allegations of a rug pull

by Isaac Wright
SPCT token plunges 43% amid allegations of a rug pull

Spectra Chain’s native token, SPCT, experienced a significant decline, plummeting 43% on Friday morning following emerging allegations of a potential rug pull by its team. At the time of writing, …

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Solana-based meme coin team suspected of nearly $1m rug pull

by Isaac Wright
Solana-based meme coin team suspected of nearly m rug pull

The CONDOM meme coin team on the Solana network collected 4,965 SOL as part of the coin’s presale and deleted its X page. The funds raised were estimated at $906,000 …

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Fake NFT Project Hack? CTO Vanishes After Stealing 94 SOL

by Isaac Wright
Fake NFT Project Hack? CTO Vanishes After Stealing 94 SOL

A new rug pull alert sounded on Tuesday after crypto detective ZachXBT unveiled on-chain details of an alleged hack suffered by an NFT project last month. The project’s CTO announced …

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Blast network layer 2 project falls prey to 500 ETH rug pull

by Isaac Wright
Blast network layer 2 project falls prey to 500 ETH rug pull

The Blast network’s layer 2 project, RiskOnBlast, has been hit with a significant exploit, commonly referred to as a “rug pull,” leading to the loss of around 500 Ether (ETH).  …

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Ethereum suffered highest losses due to rug pulls and hacks, data shows

by Isaac Wright
Ethereum suffered highest losses due to rug pulls and hacks, data shows

As per SlowMist’s latest research report, Ethereum experienced the highest losses, amounting to $487 million, followed by Polygon. According to the SlowMist report, a total of 464 security incidents resulted …

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Scammer steals $91k in fake Sleepless AI, FomoFi, NebulaNode tokens

by Isaac Wright
Scammer steals k in fake Sleepless AI, FomoFi, NebulaNode tokens

In anticipation of the launch of Sleepless AI farming on the Launchpool platform from Binance, unknown people conducted a rug pull of the token of the same name. As PeckShield …

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Rug Pull Rumors Swirl As Token Takes A 45% Hit

by Isaac Wright
Rug Pull Rumors Swirl As Token Takes A 45% Hit

Recent data analysis reveals a significant decline in the performance of YFI, the native token of the Yearn Finance platform. In a dramatic overnight development, the native token of the …

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GROK Memecoin Faces 40% Drop As Expert Exposes Scammer’s Involvement

by Isaac Wright
GROK Memecoin Faces 40% Drop As Expert Exposes Scammer’s Involvement

Grok (GROK) token, inspired by Elon Musk’s artificial intelligence service through X (formerly Twitter), has recently come under scrutiny following explosive growth in market capitalization.  According to recent reports, Grok …

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