Fintoch Rug Pull Explained
Let’s revisit the biggest exit scam of 2023. $31.6M rug pull by Fintoch. Among it tricks, the fake DEX paid an actor to play its CEO.
Let’s revisit the biggest exit scam of 2023. $31.6M rug pull by Fintoch. Among it tricks, the fake DEX paid an actor to play its CEO.
Rug pull is the 2nd most common type of security issues in crypto. In Q1 2024, Web3 witnessed 15 high-profile rug pulls for a total loss of $64 million. Despite their deceptive simplicity, rug pulls continue to line the pockets of unethical actors at the expense of unsuspecting crypto investors. To effectively combat rug pulls