Security, Scams & Risk
Rug Pull
A scam in which developers raise money for a token or project, then abandon it and drain the funds, leaving buyers with worthless tokens. Warning signs include anonymous teams, locked-out sells, and concentrated holdings.
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General education, not investment, legal or tax advice. Markets and regulation change quickly: where a definition depends on current law or on a recent event, check the latest coverage before relying on it.