The Dark Side of Crypto: Rug Pulls and Scams

As exciting as crypto can be, the industry has its share of risks—rug pulls and scams are among the most notorious.

🕳️ What’s a Rug Pull?
It’s when developers suddenly withdraw liquidity from a project, leaving investors with worthless tokens. 🚨

📉 Common Warning Signs

Unverified Teams: No transparency about the people behind the project.
Skyrocketing Yields: Promises of "guaranteed" high returns.
Locked Liquidity: Always double-check contract terms.
💡 How to Stay Safe

Research projects thoroughly.
Avoid "FOMO" investing—take your time.
Use trusted platforms with good reputations.
Have you ever encountered a crypto scam, or do you know someone who did? Let’s talk about how to protect the community! 🌍