What Is a Rug Pull and How Do You Spot One Before It’s Too Late

Key points: Crypto can feel like a wild west, full of opportunity but also plenty of traps. One of the sneakiest tricks in this world is the “rug pull. ” Imagine stepping onto a fancy rug, only to have it yanked out from under you. That’s exactly what happens when a project’s creators suddenly vanish with all the money, leaving investors holding nothing but worthless tokens source: https://news.shib.io/2025/08/04/what-is-a-rug-pull-and-how-do-you-spot-one-before-its-too-late/