b9_1155what is rug pull?
when the people behind a token or project take the money and leave.
it can be fast (one transaction drains the liquidity pool) or slow (insiders keep selling). the setup a rug needs is often visible on a block explorer beforehand.
related words
- recovery scam a second scam aimed at victims, offering to get lost crypto back for a fee.
- honeypot a token contract that lets people buy but blocks or heavily taxes selling.
- pig butchering a long-con investment scam built on a fake friendship or romance.
part of the topic scams: free articles, more words and the guide.
checked . education, not advice. found a mistake? see corrections.