https://www.nytimes.com/2022/03/02/technology/cryptocurrency-anonymity-alarm.html
More and more crypto entrepreneurs are doing business through mysterious Internet avatars, many of them managing hundreds of millions of dollars in investor funds.
Last year, in just a few hours, some $60 million was raised by the anonymous founder of the crypto collective AnubisDAO. But less than a day later, the funds were disbursed in the second largest rug pull of the year.
Brian Nguyen, a crypto entrepreneur who used a pseudonym last year, said that things with these pseudonyms are very dangerous. He once lost more than $400,000 in such a crypto rug pull scam:
- An anonymous developer set up a project,
- Requested funds from investors, then
- They disappeared with the money.
Beware of anonymous crypto investments, are you sure it is not a rug pull scam?