this post was submitted on 05 Dec 2024
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entertainment

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[โ€“] [email protected] 5 points 1 week ago (1 children)

how is it a rug pull? Anyone with three quarters of a brain could tell that the fame wouldn't last.

[โ€“] rayquetzalcoatl 8 points 1 week ago

A rug pull is when for example one of these influencers markets and promotes a crypto, "pumping" the value up because people invest, and then immediately sells or "dumps" their share (usually a significant amount) as soon as possible, causing the value to plummet and leaving the other investors holding the bag.

It's not to do with her fame not lasting, although I agree anybody with half a brain didn't invest in this obvious scam lol