Buyer beware: How to spot (and avoid) rug pulls and pump-and-dump schemes
Reported by Allie Grace Garnett (Summarized version featured below) Pump-and-dump schemes and crypto rug pulls are deceptive practices that exploit investors by artificially inflating the value of assets before orchestrating a rapid sell-off, leaving unsuspecting investors with significant losses. In a pump-and-dump scheme, fraudsters collaborate to “pump” up the price of an asset through misleading […]