🚨 Beware of Rug Pulls in Crypto! 🚨

- What is a rug pull? When a development team withdraws, leaving investors with worthless tokens. 😱

- Signs to look out for:

- Unknown developer

- No liquidity lock

- Restricted sell orders

- Sharp price fluctuations

- Unusually high profits

- No external audits

📉 Notable examples: OneCoin, Squid Game, AnubisDAO

💡 How to avoid it? Research the project, check the team, and beware of signs of fraud.

📜 Legal: Rug pulls are considered illegal in many places, with severe penalties.

👉 What is your experience with rug pulls? Share them in the comments! 💬#Crypto#Blockchain#BTC#DeFi