Why shouldn't you invest in every project? Here is the answer right here.
With the increase of #crypto money projects day by day, rugpull cases are also increasing. Fraudsters are victimizing investors with the tokens they sell with the promise of pre-sales by advertising popular names. One of these events happened just minutes ago.
This Altcoin Made RugPull🔥
20 minutes ago, #CertiK shared that the project was rugpull . Announced by CryptoCars , which has approximately 180 thousand followers, the CCAR token rugpull closed all communication channels.
The fraud case announced by the crypto-focused cybersecurity startup CertiK shocked investors. The extent of the losses is unknown at this time. Investors need to be much more careful against these fraudulent cases, which have been encountered frequently in recent days. There are many fraudsters who say that they produce projects using anonymous identities.
Beware of Altcoin Scams🔥
You can see the names of the project team below. If you come across their names in a different project in the future, you should be more careful. In particular, they can try new rugpull with similar names in the future .
CryptoCars ( CCAR ) available on platforms like #PancakeSwap are not the first and won't be the last.