Word is spreading that a particular ICO project pulled the rug, with the team allegedly laundering the stolen funds through cross-chain swaps. This kind of scam remains a persistent threat in the crypto space—investors need to be vigilant about vetting projects before committing capital.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
17 Likes
Reward
17
5
Repost
Share
Comment
0/400
OvertimeSquid
· 12h ago
ngl these projects are really outrageous... Every time it's the same old trick, rug pulls with no originality at all.
View OriginalReply0
FreeRider
· 12h ago
Another rug pull... This time they are also doing cross-chain money laundering, it's really incredible.
View OriginalReply0
JustHodlIt
· 12h ago
Another rug pull... This circle is really getting more and more outrageous. I need to learn how to identify projects myself.
View OriginalReply0
EyeOfTheTokenStorm
· 12h ago
Another rug pull project? To be honest, from my quantitative model, these types of exit scams are typical "market manipulation signals" during market cycles. I've seen too many in 2017. The team running away with cross-chain swaps to launder money? Haha, this method has long been cracked by on-chain analysts, leaving no trace.
View OriginalReply0
RatioHunter
· 12h ago
NGL, I've seen this kind of thing too many times. It's always the same old trick... How are there still people rushing in?
Word is spreading that a particular ICO project pulled the rug, with the team allegedly laundering the stolen funds through cross-chain swaps. This kind of scam remains a persistent threat in the crypto space—investors need to be vigilant about vetting projects before committing capital.