You Searched For "2021 crypto rug pull" and got 20 results
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8 mins read
The new king of crypto
Crypto.com is everywhere: the Lakers arena, Formula 1, UFC fights, commercials with Matt Damon and …
Emily Stewart
2 mins read
Runaway Turkish crypto CEO may face 40,000-year jail sentence
The founder of Turkish cryptocurrency platform Thodex, 28-year old Faruk Fatih Ozer, may face a 4…
2 mins read
The stunning growth of cryptocurrency markets in 2021 also came with an 80% rise in crypto crimes, new analysis shows
In 2021, crypto-based crimes hit a new all-time high with illicit addresses receiving $14 billion, …
Isabelle Lee
2 mins read
The DOJ has charged 2 men over the $1.1 million Frosties NFT 'rug pull' – and alleged they were preparing to pull off another scam
The pair of 20-year-olds, charged with fraud and money laundering, were preparing a second "Embers"…
Hamza Fareed Malik
1 min read
Mark Cuban learned his crypto investing lesson the hard way after losing $200,000 on a little-known token
"I should have done more homework on it," Cuban told The New York Times about his investment in a l…
Natasha Dailey
3 mins read
Victims of the $1.3 million Frosties 'rug pull' are trying to recover their lost crypto by making their own NFT collection
The project runners named the new collection Wrapped Frosties, and are calling on other defrauded i…
Isabelle Lee
2 mins read
NFT scammers made off with $1.3 million in solana after a 'rug pull' despite the project creators being vetted
The creators of "Big Daddy Ape Club" NFTs took 9,136 solana from would-be collectors despite being …
Isabelle Lee
4 mins read
The crypto bros are coming for AI
It has been a bad year for crypto, with prices crashing and key figures like Sam Bankman-Fried goin…
Tom Carter
5 mins read
Bitcoin's all-time high reveals the true nature of crypto
Investors are stuck in a perpetual boom-and-bust cycle where they put money into bitcoin every few …
Emily Stewart
2 mins read
Frosties creators arrested for $1.1 million NFT rug pull scam
The creators of the Frosties project could be looking at over 20 years in prison if they’re found g…
1 min read
The developers of an NFT collection called Frosties vanished in a potential 'rug pull' after buyers put in $1.3 million
The developers of the Frosties NFT collection have closed down their Twitter, Discord, and website,…
Isabelle Lee
2 mins read
Binance's CEO says signing up another 100 million crypto users will be a big challenge until they can buy crypto with cash
"We're seeing a lot of traditional institutions that used to provide fiat ramp channels pull away,"…
Kai Xiang Teo
2 mins read
FTX's collapse prompted the largest-ever outflow of bitcoin from crypto exchanges, with investors pulling $1.5 billion last month
The world's largest cryptocurrency has tumbled 63% in 2022, with record outflows reflecting waning …
Phil Rosen
1 min read
CHART OF THE DAY: Investors have yanked nearly $500 million from crypto funds this summer
The half a billion dollars in outflows have come amid recent legal victories in the crypto space an…
Phil Rosen
3 mins read
Here’s how China’s 2021 crypto crackdown in 2021 differs from the 2017 ban
Despite the restrictions, the Asian dragon still rose to become the top cryptocurrency miner in …
1 min read
Revenue from crypto scams spike 81% to a near-record $7.7 billion in 2021, says Chainalysis
The surge was paced by a type of scam called "rug pulls," which is when developers unexpectedly aba…
Carla Mozée
1 min read
Axie Infinity's owner vows to reimburse victims of $600 million theft after a hacker pulled off one of the largest crypto heists in history
Users who lost tokens during the massive Ronin Network crypto heist will be reimbursed, according t…
Phil Rosen
1 min read
Crypto investors worldwide raked in $163 billion in gains in 2021, a 400% increase from the prior year as bitcoin and ether prices hit records
Ethereum edged out bitcoin in total realized gains in 2021 at $76.3 billion, said Chainalysis.
Carla Mozée
2 mins read
The curious cases of the nonexistent silver coins, vanishing crypto, and stones in place of nickel – 3 bizarre investment frauds of 2023
The year 2023 has seen its share of investment frauds. Some of the more peculiar cases involved mis…
Joseph Wilkins
3 mins read
Explainer: Why is America's largest crypto exchange Coinbase in trouble?
The dumping of over 1.4 million shares of Coinbase earlier this week by crypto evangelist Catherine…