Crypto Scam

At the beginning of 2022, Crypto and NFT didn’t see a good time of the day as in January some of the biggest crypto scammers made off with over $4 million!

Surprised?

In this post, I’m highlighting some of the biggest rug pulls in 2022.

BNB 42 ($2.7 Million)

You know when they say things that sound too good to be true? They usually are.

The cryptocurrency project BNB 42 promised 100% profits after 10 days to anyone who bought their coin (something fishy!).

About 6,000 people invested in the project before it was rugged and scammers made roughly $2.7 million, according to Peck Shield.

Baby Musk ($2 Million)

The scammers behind a new crypto coin called Baby Musk Coin raised $2 million!!!

How? Just by naming their project after the wealthiest person in the world, Elon Musk. ermm, he had nothing to do with this.

Atom Protocol

Atom Protocol’s Twitter disappeared but its last tweet claimed there was a “problem/mistake” with project contracts. The problem appears to have been that whoever was behind the project wanted to steal everyone’s money.

It’s unclear how much money they scammed and were able to get away with.

Lesson to be learned: Just because a project appears to have been “Verified” doesn’t mean it’s not a scam.