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CoinDesk - by layer3.news
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2025-02-11 10:01:07
in reply to nevent1q…5v7a

Crypto Investors Lost Over $500M in Memecoin Rug Pulls and Scams in 2024


CoinDesk (nprofile…nhef)
✍️ More than $500 million was lost to memecoin rug pulls and scams in 2024, with social engineering being a primary technique used by scammers.
👉 Meme coin rug pulls accounted for hundreds of millions in losses in 2024
👉 75% of all attacks took place on X, 19% on YouTube
👉 44% of reported social engineering scams resulted in rug pulls, 44% were phishing attacks
👉 Scammers used social engineering, impersonation, and manipulation to gain access to personal data

#RobertWhitaker #KylianMbappe #WizKhalifa #technology
CoinDesk (nprofile…nhef)

The majority of scams involved gaining access to notable people's social media accounts through social engineering.
https://www.coindesk.com/business/2025/02/11/crypto-investors-lost-over-usd500m-in-memecoin-rug-pulls-and-scams-in-2024

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