BTC
ETH
SOL
XRP
BNB
TON
DOT
LTC
POL
HBAR
NEAR
ARB
UNIA crypto scam where a project’s creators suddenly take the investors’ money, often by draining the token’s liquidity, and disappear.
Crypto Reviewed by Keshav Aggarwal · Updated
In simple words
Imagine a stall selling tickets to a show that never happens. Once enough people have paid, the seller packs up and runs away with the money.
In crypto, that is a rug pull.
The technical side
In a typical rug pull, developers launch a token, pair it with ETH or a stablecoin in a DEX liquidity pool, hype it, then withdraw the pool or sell a large hidden allocation, leaving buyers with worthless tokens. Other versions hide code that stops buyers from selling.
Warning signs: anonymous teams, liquidity that is not locked, a few wallets holding most tokens, and promises of guaranteed returns. Follow reported losses on our Crypto hacks tracker.
Rug Pull kya hai?
Rug pull ek scam hai jismein project banane wale logon ka paisa le ke bhaag jaate hain, aur token ka daam zero ho jaata hai.
Not investment advice. Crypto tokens can lose all their value. Read the risk disclaimer.