Top Five Crypto Rug Pull Scams

May 26 is wavy line

A projects team abandons the project and suddenly disappears taking all of the invested funds with them

There are a lot of rug pull projects that raise a lot of money in little time

Ruja ignatova was the mastermind of the scam

The popular mutant ape yacht club mayc nft collection was a knock off of the map nfts mutant ape planet map nft collection

This web3 project was one of the worst rug pulls in the history due to the popularity of the squid game token

The project raised 60 million in less than 24 hours