Rug Pulls News

DappRadar analyst Sara Gherghelas says most rug pulls in 2025 so far have been tied to memecoins, while in 2024 the main culprits were DeFi protocols and NFT projects.

Mantra’s OM token crash exposed crypto’s weekend liquidity risks and insider dumping concerns linked to major exchange activity, according to the CEO of Bitget.

The scam token, called House of Commons Coin, wasn’t a huge success, with its market value peaking at just over $24,000.

OM traders bought about 35 million tokens during the April 13 dumping hours, but analysts warn of a bull trap in the making.

Argentina’s Chamber of Deputies voted to launch an investigation into President Javier Milei on allegations he promoted the Libra memecoin scam.

Neither the MELANIA team nor Hayden Davis has explained the token transfers or sales, which follow from sales Bubblemaps identified in March.

ZKasino’s exploit wallet lost $27 million in Ether after a leveraged position was liquidated, as investors remain empty-handed nearly a year later.

The Conor McGregor-backed token fell short of hitting the $1 million minimum target set by the developers.

The unknown whale netted at least $6.26 million from the Hyperliquid exploit and still holds over 10% of the total supply.

The rise of memecoins has shifted the crypto landscape into a speculative playground, where the average trader faces significant risks while insiders reap substantial rewards.

Hayden Davies continues launching memecoins plagued with insider trading activity despite being wanted by Interpol for previous crypto scams.

Crypto firms push for stricter rules on politically endorsed tokens after the $4 billion Libra collapse, citing liquidity locks and insider trading restrictions as solutions

“In my view, these activities should fall firmly within the jurisdiction of law enforcement agencies,” crypto regulations experts told Cointelegraph.

Memecoins are evolving into retail investor traps, with insider trading and rug pulls raising regulatory concerns, industry observers told Cointelegraph.

Haliey Welch’s foray into cryptocurrency, initially met with hype, has become mired in controversy, with accusations of involvement in a crypto scam.