What is a rug pull in crypto and 6 ways to spot it?

Ever heard of crypto rug pulls? Find out what they are and how to identify the six warning signs that could protect your hard-earned money from disappearing overnight.

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A rug pull scam happens when a team or developer withdraws support for a project, leaving investors with worthless tokens. 

Imagine you’re at a party where you come across an awesome game. Players are enjoying themselves, and there are large rewards for them to win. You decide to participate, put in your money, and begin playing. However, just as you’re about to win, the game organizer disappears with everyone’s money.

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