homeWelcome, sign in or click here to subscribe.login
     


 

 

Money


Subscriber content preview

May 16, 2022

How to avoid ‘rug pulls,' the latest cryptocurrency scam

By ANDY ROSEN
NerdWallet

iStock image
Unscrupulous developers have attracted investments, then walked away before building what they promised — leaving their supporters with worthless holdings.

A new type of scam has emerged in the hype-filled world of cryptocurrency: the “rug pull.”


 
. . .


To read this story in full login or purchase a subscription.




Email or user name:
Password:
 
Forgot password? Click here.