Check Point Research Unraveling the Rug Pull: A Million-Dollar Scam with a Fake Token Factory

● Blockchain Vigilance Unveils Million-Dollar Heist: Our Threat Intel Blockchain system uncovered an ongoing Rug Pull event, and traced the actor behind this scheme ● The Scammer’s Tactics: Exploiting Hype for Ill-Gotten Gains, The perpetrator lured unsuspecting victims into investing. ● Unraveling the Scam: A Step-by-Step Deception The scam operated in several stages, including the creation of fake tokens, the manipulation of liquidity pools, simulated…