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 fraudulent ICO.
Latest Rug Pull News
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 fleece investors.
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 and vanishing with the ETH from investors.
Squid Game token crashes to zero as developers make off with $3.4M
Squid Game had several red flags and investors could have easily seen through the vague promises of a gaming metaverse, yet quick riches lured them in.
Compounder dev team steals over $10 million in latest DeFi attack
The Compounder Finance team has rugged pulled its user community and stolen over $10 million dollars right from under their noses.