@maximilian7n
What is a rug pull in crypto?
A rug pull is a scam where developers abandon a project after attracting investors' funds.
Signs of Rug Pulls:
No clear team identity or roadmap.
High, unrealistic yields in DeFi projects.
Liquidity is locked or controlled only by developers.
Prevention: Always research projects before investing.
Rug pulls have become a major issue in DeFi, causing massive losses for investors.
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