Rug Pull Crypto: How to Spot and Avoid Scam Tokens

When you hear rug pull crypto, a type of crypto scam where developers abandon a project and drain all the liquidity. Also known as liquidity theft, it’s one of the most common ways people lose money in crypto without even realizing they were targeted. It’s not a glitch or a market dip — it’s theft. Developers create a token, hype it with fake promises, attract buyers, then vanish with the money. No warning. No refund. Just silence.

These scams often hide behind flashy websites, celebrity endorsements, and promises of 100x returns. Look at tokens like xMOON, a token with no team, no utility, and an 89% price crash, or Burnsdefi (BURNS), a nearly dead coin with zero trading volume and no community. They don’t fail because the market turned — they fail because they were never real to begin with. The same pattern shows up in SLEX Token, a token locked on its own exchange with no liquidity or third-party support. These aren’t investments — they’re traps.

What makes rug pulls dangerous is how they mimic real projects. They use smart contracts, have trading pairs on decentralized exchanges, and even list on coin trackers. But behind the scenes, the liquidity pool is controlled by the devs. Once enough people buy in, they remove the funds and shut down. No one can trade out. Your tokens become worthless digital trash. That’s why checking for locked liquidity, audited contracts, and a verifiable team isn’t optional — it’s survival.

You’ll find real cases of these scams in the posts below. Some show how tokens like rug pull crypto projects vanish overnight. Others explain how exchanges like BitAsset get flagged for withdrawal issues and silent support. You’ll see how low-volume tokens like ETPOS and WIBE are ghost projects with no future. And you’ll learn how to spot the same patterns before you invest. This isn’t theory. It’s what’s happening right now — and the only way to protect yourself is to know what to look for.