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Scam Alerts & Red Flags

Rug Pulls and Exit Scams, Explained

A "rug pull" is when a project's creators abandon it and run off with investors' money, often after hyping a token to attract buyers. It is one of the most…

This article is for informational purposes only and is not financial advice.
Rug Pulls and Exit Scams, Explained

A “rug pull” is when a project’s creators abandon it and run off with investors’ money, often after hyping a token to attract buyers. It is one of the most common ways people lose money on new tokens.

The pattern

Typical signs include anonymous teams, heavy paid promotion, promises of guaranteed returns, and token designs where insiders can suddenly sell or drain the liquidity pool. In a “hard” rug, the developers remove all the money at once; in a “soft” rug, they quietly sell their holdings and abandon the project.

Protecting yourself

Research who is behind a project, check whether liquidity is locked and audited, and be deeply skeptical of new tokens with more marketing than substance. If it feels engineered to make you buy quickly, treat that as the warning it is.

Educational content, not financial advice. Crypto is volatile and you can lose money. Do your own research. Crypto Ruble Coins is a news and education publication — not an exchange, conversion, or off-ramp service.

Last updated 14 Jul 2026

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Crypto Ruble Coins editorial desk

The Crypto Ruble Coins editorial desk reports and edits human-written journalism on the money layer of crypto — CBDCs, stablecoins, and crypto priced in your currency. Independent. Not financial advice.

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