Ripple’s Chief Technology Officer (CTO), David Schwartz, responded to a tweet from a crypto enthusiast, calling the BEN Coin project a 100% rug pull. Schwartz asked the poster why he believed such but still stated his reservations about the new crypto project. So many crypto coins launch daily in the market. However, scam projects and rug pulls also deceive unsuspecting customers into investing. A rug pull is a crypto scam where the project founder suddenly withdraws the project’s liquidity, disappearing with investor funds. This leads to a sharp price drop and losses for investors. David Schwartz Expresses Reservations About BEN
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Author: coinmaker