- October 5, 2023
Thousands in Himachal Pradesh lose over ₹200 crore in crypto rug-pulls
Thousands in Himachal Pradesh lose over ₹200 crore in crypto rug-pulls
Thousands of people in Himachal Pradesh have lost over ₹200 crore in crypto rug-pulls. A rug-pull is a type of scam where the developers of a cryptocurrency project abandon it and take all the investors’ money with them.
Crypto rug-pulls are becoming increasingly common in India. In recent months, there have been several reports of people losing millions of rupees in crypto rug-pulls.
Investors need to be careful when investing in crypto currencies. There are many scams out there, and it is difficult to tell which projects are legitimate and which ones are scams. Investors should do their research before investing in any crypto currency project.