#SecureYourAssets
### **Key Takeaways from the Alert:**
1. $OM Token Rug Pull Suspected**
- Sudden price crash, liquidity drained, and large token dumps.
- **Reason still under investigation**, but early signs point to malicious activity.
2. **If You're Holding $OM:**
- **Exit immediately** if possible—prices may drop to near zero.
- **Avoid buying the dip**—this is likely a trap, not a recovery.
3. **If You're Affected:**
- **Document all transactions** (screenshots, TX hashes from Etherscan/BSCScan).
- Check the project’s **official channels** (Twitter, Telegram, Discord) for updates—though they may go silent.
- **Do not interact further** with the token (no approvals, swaps, or new buys).
4. **Next Steps:**
- **Report suspicious activity** via:
- **Etherscan/BSCScan** (if on Ethereum or BSC).
- **Community forums** (Twitter, Telegram, Reddit) to warn others.
- **Stay alert**—follow updates in case of a possible recovery plan (rare but possible).
### **Additional Advice:**
- **Check for Locked Liquidity:** Rug pulls often happen when devs remove liquidity. Use **Dextools** or **UniCrypt** to verify if LP tokens were locked.
- **Look for Audits & Doxxed Teams:** Legit projects often have audits (e.g., CertiK, Hacken) and known team members.
- **Revoke Token Approvals:** If you interacted with the token, revoke approvals via **Revoke.cash** or **BscScan’s Token Approvals tool**.
- **Beware of Recovery Scams:** After a rug pull, scammers may pose as "support" offering refunds—**never share private keys or pay fees**.
### **Final Warning:**
Rug pulls are devastating, and recovery is rare. **Always DYOR (Do Your Own Research)** before investing in low-cap or new tokens. Stick to projects with **audits, locked liquidity, and transparent teams**.
If you have more details (contract address, chain, etc.), I can help analyze further. Stay safe! 🚨
#RugPull #CryptoScam #DYOR $OM
