Report: Rug Pulls Dominate Crypto Scams, Accounting for 54% of Threats
Share:
Web3 Antivirus reports rug pulls made up over 54% of newly detected crypto scams, indicating attackers still rely on token-based exit scams. The findings show evolving DeFi scam tactics where seemingly legitimate token launches and contract controls are used to trap investors and drain liquidity, raising security and adoption risks across crypto, DEX and CEX ecosystems.
Predictions Markets
See what traders are focused on
Rug pulls made up over 54% of all newly detected crypto scams, according to the latest data from the on-chain security analysis platform Web3 Antivirus.
The findings suggest that while scam tactics are still evolving, many attackers continue to rely on token projects that appear legitimate at first before contract controls are used to trap investors or drain liquidity.
Predictions Markets
See what traders are focused on
Share:
Predictions Markets
See what traders are focused on
Share:
Read More
Robinhood enters AI crypto trading: ‘World is flat’ presentation reveals US expansion
