Latest Rug Pull News

gold bitcoins and scam letter blocks
Business 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 purchase sports cars and pay for a lavish lifestyle.

crime beads with handcuffs on the table
Business 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 left over 2,400 Hong Kong-based customers fearing a combined loss of US$191.5 million in assets held on the exchange.