← Glossary
Rug Pull
A scam where creators abandon a project and run off with investors' money.
A rug pull is a scam in which a project's creators hype a token, attract investment, then drain the funds and vanish — leaving holders with something worthless.
Warning signs include anonymous teams, promises of guaranteed returns, no audit, and locked liquidity that can suddenly be removed. If it sounds too good to be true, it usually is.