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Rug Pull

SafeMoon charged in $5.7 billion ‘crypto’ scam
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2 November, 2023

SafeMoon charged in $5.7 billion ‘crypto’ scam

The U.S. securities regulator accused the three SafeMoon executives of perpetrating a scam in which they withdrew $200 million to...
Hong Kong, Macau authorities arrest more JPEX scam suspects
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2 October, 2023

Hong Kong, Macau authorities arrest more JPEX scam suspects

Police in Hong Kong and Macau announced four more arrests stemming from the apparent rug-pull by the Dubai-based JPEX, which...
Mutant Ape Planet founder faces charges over $2.9 million fraud scheme
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11 January, 2023

Mutant Ape Planet founder faces charges over $2.9 million fraud scheme

In a classic rug pull, Aurelien Michel allegedly absconded with the funds and abandoned the Mutant Ape Planet project, leaving...
DoJ files charges vs Baller Ape Club creator and 5 others following NFT rug pull
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5 July, 2022

DoJ files charges vs Baller Ape Club creator and 5 others following NFT rug pull

The cases include an NFT rug pull, a fraudulent investment fund, an unregistered digital currency security Ponzi scheme, and a...
New York state lawmakers propose bill to criminalize rug pulls
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27 April, 2022

New York state lawmakers propose bill to criminalize rug pulls

Senate Bill S8839 and Assembly Bill A8820 both call for the defining, criminalizing, and penalizing digital currency projects designed to...
Frosties NFT: 2 charged in US over $1.3M rug pull
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29 March, 2022

Frosties NFT: 2 charged in US over $1.3M rug pull

The two 20-year-old men, who were arrested in California, allegedly sold 8888 NFTs in early January before abandoning the project...
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