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Cryptocurrency 'rug pulls' cheated investors out of $8bn in 2021 – report

Thursday December 16, 2021. 10:31 PM , from TheRegister
Somehow people keep buying into dodgy crypto projects that vanish with investor funds
First, come up with a catchy name for a cryptocurrency project. Next, convince the credulous to buy associated digital tokens. Finally, abandon the project and keep investors' funds.…
https://go.theregister.com/feed/www.theregister.com/2021/12/16/cryptocurrency_rug_pulls/
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