#rug-pull

[rwatimes]

Don't Buy ISOR Crypto: Why the Iran Strategic Oil Reserve Coin Looks Like a Rug Pull

I'd skip ISOR crypto, the oil reserve story sounds very big, but the total lack of proof and transparency is enough for me to stay out.

➤ The article warns against investing in ISOR crypto, citing a lack of transparency and proof for its claims of being backed by Iran's strategic oil reserves. ➤ Key red flags include a suspicious website, an unknown team, thin liquidity, concentrated token supply, and the absence of audits or verifiable documentation, all indicative of a potential rug pull. ➤ The author advises treating unproven new coins with extreme risk, emphasizing the need for hard evidence, audits, and verified team information over marketing hype.

[rwatimes]

Circle freezes Zama’s USDC contract, locking $12.6M amid rug pull allegations

Circle blacklisted Zama's cUSDC smart contract on Ethereum, freezing $12.6M in USDC linked to Overnight Finance rug pull allegations.

➤ Circle has frozen $12.6 million in USDC held in Zama's cUSDC smart contract due to alleged ties to the Overnight Finance rug pull. ➤ This action highlights the centralized control over stablecoins and the inherent risks for privacy-focused DeFi protocols relying on such assets. ➤ The incident raises questions about the balance between compliance, privacy, and user fund accessibility in the tokenized financial ecosystem.

[rwatimes]

Solana's First Criminal Complaint Casts Shadow Over Record ETF Inflows and Network Growth

South Korea charges five in Solana memecoin rug pull under new Virtual Asset User Protection Act, signaling DeFi crackdown. Solana sees record ETF inflows but price near 52-week low, network adoption grows.

➤ South Korea has initiated its first criminal charges under the new Virtual Asset User Protection Act against five individuals for a Solana memecoin rug pull, signaling a crackdown on DeFi. ➤ Despite regulatory scrutiny, Solana is experiencing record ETF inflows and significant network growth, with high transaction volumes and increasing adoption in payments and RWA tokenization. ➤ The article highlights a stark contrast between Solana's weakening token price and its robust on-chain activity and institutional interest, positioning it at a potential turning point.

[rwatimes]

What Is OSOR Crypto? Saudi Oil Claim or Scam Risk Explained

OSOR Crypto claims to be the official tokenized Saudi Oil Reserve, backed by billions of barrels and

➤ OSOR Crypto claims to represent tokenized Saudi oil reserves but lacks any official backing or verification, presenting a significant risk to investors. ➤ On-chain data reveals a massive price disconnect, extremely low liquidity, and concentrated ownership, indicating a high probability of manipulation and a potential scam. ➤ The article strongly advises caution, highlighting red flags such as the absence of government confirmation, hidden transaction taxes, and the use of the RWA narrative as a facade.

[rwatimes]

Is $HRP a Scam? 859% Surge Raises Rug Pull Concerns

The recent 859% surge in $HRP, the Hormuz Reserve Protocol token, has sparked widespread debate amon

➤ The Hormuz Reserve Protocol token ($HRP) has experienced an extreme surge (859%) followed by a significant crash, raising concerns about it being a scam or a rug pull. ➤ Despite a narrative linking it to the geopolitical significance of the Strait of Hormuz, $HRP exhibits red flags such as low liquidity, bot-driven hype, multiple contract addresses, and extreme price volatility, indicative of pump-and-dump schemes. ➤ Investors, especially beginners, are advised to exercise extreme caution, conduct thorough due diligence using on-chain tools, and treat $HRP as a highly speculative asset rather than a stable investment.