Rug Pull Tactics. A Common Practice of Fraud in Crypto Space (2025)
Mar 12 2025
Imagine you recently purchased a token that your favorite cryptocurrency blogger has been raving about. The charts looked fantastic, the community seemed active, and the potential returns made your heart race. Satisfied, you close the app for the night. But the next day, something’s wrong. The token has vanished from your wallet, the Telegram group is deleted, and the website no longer exists. Your investment is gone without a trace. What just happened?
You’ve likely fallen victim to a Rug Pull — one of the most notorious scams in the crypto world. Let’s unravel what this scheme is, how it works, and how you can spot the warning signs befo
Rug Pull Tactics. A Common Practice of Fraud in Crypto Space (2025)Imagine you recently purchased a token that your favorite cryptocurrency blogger has been raving about. The charts looked fantastic, the community seemed active, and the potential returns made your heart race. Satisfied, you close the app for the night. But the next day, something’s wrong. The token has vanished from your wallet, the Telegram group is deleted, and the website no longer exists. Your investment is gone without a trace. What just happened? You’ve likely fallen victim to a Rug Pull — one of the most notorious scams in the crypto world. Let’s unravel what this scheme is, how it works, and how you can spot the warning signs befo