Web3 Security Firm Warns That Rug Pulls Still Make Up Over Half of All Crypto Scams
Fresh on-chain intelligence shows that developers launching fake tokens with hidden liquidity-drain functions continue to fleece retail investors by the thousands, proving that crypto's favorite pastime hasn't changed a bit. While Silicon Valley venture bros preach about institutional grade synergy, crypto scammers are still using the exact same playbook they used in 2021. Down here on the Baja coast, the only rug pull I care about is when the local taco truck runs out of al pastor before sunset, which hurts my soul infinitely more than a re-re-branded memecoin crash.