Study Claims 98% Of Crypto Projects Listed On Uniswap Between 2018 And 2021 Were Rugpulls

A new report claims that 98% of all tokens listed between 2018 and 2021 on decentralized cryptocurrency exchange Uniswap were scam-related, otherwise known as rug pulls . A typical rug pull scam takes place when developers lure investors into putting their money into new crypto projects created only for them to pull out prematurely.