What Are Rug Pulls and How to Avoid Them
Rug pulls are a common crypto scam where developers drain investor funds, but careful research and vigilance can help you avoid them.
PDF document · Published · Updated
Contents
- Example sequences from the BIP39 wordlist
- Reading a BIP39 phrase
- See also
- Keywords:
- crypto · rug pull · DeFi · scam · investment
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- Seed Phrase Scams: How Thieves Get Your Recovery Words
A seed phrase scam gets your recovery words or puts you on a phrase a thief knows. Nine common scams, from fake support to pre-filled cards, and red flags.
- Private Key Export: MetaMask, Trust Wallet, Ledger, Electrum
MetaMask and Electrum export private keys, Trust Wallet only in Developer Mode, and a Ledger never does. Steps for each wallet, plus safer ways to move funds.
- Is My Seed Phrase Compromised? Signs and What to Do Next
Treat a seed phrase as compromised if anyone else could have seen it. The warning signs, false alarms, how to check and how to move funds to a new wallet.
One of the documents in the Seed Phrase PDF Archive, listed on archive page 11.