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Learning & News => News related to Crypto => Topic started by: newshunter on April 29, 2023, 01:00:19 PM

Title: KuCoin confirms an exchange user is behind alleged daily rug pulls
Post by: newshunter on April 29, 2023, 01:00:19 PM

KuCoin confirms an exchange user is behind alleged daily rug pulls

A community member identified a wallet address that allegedly launched several memecoin rug pulls daily for almost two years.

Source: KuCoin confirms an exchange user is behind alleged daily rug pulls (https://cointelegraph.com/news/kucoin-meme-coin-daily-rug-pull-confirmation)

Would appreciate your opinion about this

Title: Re: KuCoin confirms an exchange user is behind alleged daily rug pulls
Post by: [email protected] on May 19, 2023, 02:50:00 PM

Diversifying your investments across multiple projects can help mitigate the risk of losing all your funds due to a single rug pull. It is advisable to allocate your investments not only to well-established cryptocurrencies but also to newer projects. I have dealt with a fraud project and thought I will not recover at least most of the funds, good thing Lionsgate’s team of experts helped me. So do the proper research before doing any transactions particularly anything online.