Rug Pull definition
Definition
Scam where developers abandon project with investor funds
Squid Game tokens 2021 $3M rug highlighted DEX risks; red flags include locked liquidity and anonymous teams—DYOR is key. Types: Liquidity pull, code exploits. Losses: $10B+ since 2020. Prevention: Audits, vesting, community oversight.
Squid Game tokens 2021 $3M rug highlighted DEX risks; red flags include locked liquidity and anonymous teams—DYOR is key. Types: Liquidity pull, code exploits. Losses: $10B+ since 2020. Prevention: Audits, vesting, community oversight.
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