A new type of scam has emerged in the hype-filled world of cryptocurrency: the "rug pull." The scam, which gets its name from the expression "pulling the rug out," involves a developer attracting ...

In New York, the founder of Believe is facing serious legal trouble over an alleged rug-pulling scheme, while federal authorities are opening a compensation process for victims of the OneCoin scam.

At best, most Americans are skeptical about cryptocurrency (Pew recently reported that 63% of Americans have little confidence in crypto’s reliability and safety). But that hasn’t stopped crypto from ...

According to a report from the FBI, "pig butchering" and other crypto-related scams cost Americans $5.6 billion in 2023.

Learn to identify cryptocurrency scams and protect your assets. Spot the red flags, report suspicious activities, and avoid ...

What Is a Crypto Rug Pull? Since it first broke into the mainstream in 2018 (it’s been available since around 2009), crypto has become central to the online scam artist’s repertoire, especially in ...