A lawsuit has been filed against Nike, alleging that the company’s sudden shutdown of the RTFKT NFT platform resulted in significant financial losses for users. The plaintiffs claim […]
Nike Lawsuit Alleges Rug Pull in RTFKT NFT Project
A class-action lawsuit has been filed against Nike, alleging the company orchestrated a $5 million “rug pull” following the shutdown of its RTFKT NFT project. The plaintiffs, represented […]
Nike Sued for ‘Rug Pull’ in RTFKT NFT Platform Shutdown
A class-action lawsuit has been filed against Nike, accusing the company of operating a ‘rug pull’ after abruptly shutting down its non-fungible token (NFT) platform, RTFKT, earlier this […]
Melania Team Sells $1.5 Million Worth of Memecoin Amidst Rug Pull Concerns
The MELANIA team’s profit-taking continues to generate concern, as they dumped a substantial amount of tokens over the last three days, leading to further sell-offs in the memecoin. […]
RTFKT CloneX NFTs: The Art Disappears, Leaving Holders in Limbo
A controversy has erupted on social media platforms like X (formerly Twitter) after users noticed the absence of artwork in the RTFKT CloneX non-fungible token collection. Instead, NFT […]
Rug Pull Losses Soar Amidst Declining Incidents: Market Security Concerns Rise
Cryptocurrency rug pull losses have dramatically increased by 6,499% in 2023 despite a decline in the number of incidents reported, according to DappRadar. The report highlights a concerning […]
Melania Memecoin Team Under Fire Over $15M Token Sale & Alleged Rug Pull
The Melania memecoin team has come under scrutiny after selling $15 million worth of tokens in a move that triggered concerns about a potential rug pull. This incident […]
Melania Memecoin Under Fire as Team Suspected of Slow Rug Pull
Blockchain analyst EmberCN has raised concerns about the MELANIA memecoin team, alleging a suspected slow rug pull. The team reportedly sold over $15 million worth of tokens in […]
Rugpulls Hit Record $6B in Losses in 2025, Mantra Network Case Highlights Risks
The Web3 ecosystem has experienced a staggering $6 billion in rugpull losses so far in 2025, with the Mantra case representing a concerning 92% of those losses. This […]
Fartcoin Plunges: Whale Loses Significant Sum Following 13.9% Drop
A large Fartcoin investor suffered a significant loss of $297,000 after the token’s price plummeted by 13.91% in just one day, dropping from around $0.94 to $0.75. Despite […]
Rug Pull Losses Skyrocket 6,500% in 2025: Cryptocurrency Scams Surge
Cryptocurrency scam losses reached nearly $6 billion in 2025, a staggering increase of 6,500% compared to previous years. Experts warn that despite declining frequency, the financial impact from […]
Rug Pulls: A Growing Threat Despite Less Frequent Occurrence
CoinMarketCap’s intraday gainers list highlights several projects, including Bittensor, Artificial Superintelligence Alliance, Pancakeswap, Four, Immutable, The Sandbox, and Algorand. This shows continued interest and growth within these sectors […]
Crypto Rug Pulls: Understanding the Risks and How to Protect Yourself
While blockchain technology promises decentralized innovation, it also creates opportunities for malicious actors. Crypto rug pulls, a scam where developers drain users’ funds and disappear with the project, […]
Web3 Ecosystem Suffers $6 Billion Loss from Rug Pulls in 2025
A new report by DappRadar paints a concerning picture of the Web3 ecosystem’s vulnerability to ‘Rug Pull’ scams. Despite a decrease in incidents, losses have soared, reaching nearly […]
Rug Pulls Evolving: Size Increasing While Frequency Decreases
Crypto rug pulls have become less frequent year-over-year, with 2025 seeing a significant drop compared to 2024. DappRadar reports that early 2024 saw 7 rug pull incidents compared […]