A newly launched meme coin on Solana briefly attracted millions in trading activity after it appeared on a Trump-linked X account. Trump Digital Gold (GOLD) was published and promoted on the X account @realtrumpcoins1, which is associated with an official Trump collectible business. The promotion immediately attracted attention, but on-chain sleuths raised some enormous red […]
Crypto influencer Nick O’Neill said he deliberately sold off a community-created token after its developers sent him 60% of its supply. The incident has sparked criticism from some traders, while others argue the entrepreneur had no obligation to support an unofficial token created without his approval. O’Neill Defends Selling Unsolicited Token It all started when […]
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 […]
South Korean prosecutors have filed charges against a group of individuals linked to a Solana-based meme coin project called CatFi, following allegations that the token was used in a coordinated rugpull scheme after attracting investor funds. The Seoul Southern District Prosecutors’ Office confirmed in its Wednesday statement that five individuals are now facing charges in […]
Embattled crypto gambling platform ZKasino has started returning a portion of investor funds following a $33 million scam that left thousands of users in limbo. The refunds come nearly six months after Dutch authorities arrested a suspect linked to the platform’s alleged rug pull, marking a tentative step toward restitution for affected users. ZKasino Founder […]
Ocean Protocol’s sudden withdrawal from the ASI Alliance has sparked accusations of a major token rug pull. In fact, independent on-chain analytics from Bubblemaps indicate that the project transferred approximately 270 million FET, which is worth an estimated $120 million, to Binance and an OTC provider without notifying either the alliance or FET holders. The […]
A new report from Solidus Labs has exposed a huge amount of what it calls “fraudulent” activity on the Solana blockchain. The findings revealed that 98.6% of tokens launched on Pump.fun could be classified as either rug pulls or pump-and-dump schemes. Solana: A Hotbed for Meme Coin Scams? In its report, the crypto surveillance firm […]
Solana-based decentralized exchange Meteora is facing a class-action lawsuit over pump-and-dump claims surrounding the M3M3 meme coin launch. The complaint alleges this led to losses of at least $69 million between December 2024 and February 2025. Rug Pull Allegations In the April 21 filing with the U.S. District Court for the Southern District of New […]
On-chain analytics platform Nansen has released a report examining the aftermath of the controversial LIBRA token. Its findings indicate that 86% of traders who bought the cryptocurrency collectively lost about $251 million, while a select group of winners walked away with at least $180 million in profits. A Rapid Rise and Fall LIBRA debuted on […]
Jupiter, a Solana-based decentralized exchange aggregator, had its X account briefly compromised, with the attacker using it to promote scam tokens, leading to market turbulence. The team has since regained control of the page, confirming that no funds or customer data were affected. Hack Leads to Token Scam Promotion The drama kicked off in the […]
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