Crypto token is a digital asset used in blockchain-based decentralized applications. Today, tokens have attracted many investors and collected a large amount of money. Unfortunately, the booming token market has simultaneously spawned numerous fraudulent schemes. Rug pull is one of the well-known scams, where fraudulent developers lure investors into seemingly profitable projects and then run off with their money, leaving the investors with worthless assets. To prevent future losses, researchers in both industry and academia have attempted to expose rug pull risks in advance. However, rug pull can manifest in various scenarios during the transfer process, posing significant challenges for effective detection.
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Zhou et al. (2024) studied this question.
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