The Rise of Rug Pulls and Scams in 2022

In 2022, there was literally 365 scams and rug pulls. So that's literally one a day. That tells a pretty specific story that a small group of people made an extraordinary amount of money in 2021 doing this. And by 2022, it became vastly less profitable as way more people started trying to do it. In 2018, you gain Bitcoin, three billion, modern tech, pin coin, an iPhone, 650 million. Let's jump ahead to 2021 because that's the one we were just chatting about. Crypt, Afrikrypt, 3.6 billion. It's like most of out of the 4.35 billion stolen in 2017,. One coin was four billion of it and is one of