"The number of cryptocurrency rug pull incidents decreased this year, but the damage scale increased"
Summary
- It was reported that the number of cryptocurrency rug pull incidents this year decreased by 66% compared to last year.
- The scale of rug pull damage increased significantly from $90 million last year to $6 billion this year.
- The increase in damage scale this year was attributed to the collapse of MANTRA (OM).
The number of cryptocurrency (crypto) rug pull incidents has significantly decreased compared to the same period last year. However, the scale of damage has increased significantly.
According to Cointelegraph on the 18th (local time), blockchain analysis platform DappRadar reported that "there were 7 rug pull incidents early this year, a 66% decrease compared to the 21 incidents recorded early last year," but also noted that "although the number of incidents decreased, the scale of damage showed a sharp increase."
According to DappRadar data, the damage from rug pulls this year amounts to about $6 billion. This is a significant increase compared to $90 million during the same period last year. The report added, "The collapse of MANTRA (OM) has contributed to the increased scale of rug pull damage this year."
Son Min
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