Rug Pull

Rug Pull means that in the cryptocurrency world, the developers or participants of a project unexpectedly leave the project by withdrawing assets, causing investors to suffer huge losses.

The term Rug Pull is a phrase used in the cryptocurrency world and often describes cases of fraud or fraud. In this case, the developers of a crypto project unexpectedly leave the project and withdraw assets. As a result, investors lose their holdings. Rug Pull cases are generally considered as situations where investors suffer large losses and confidence is shaken. This term emphasizes that users investing in the project should be careful and do research on their reliability.

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