"Rug pulls are the easiest way to make money,"
This was stated unequivocally by Sahil Arora, self-proclaimed creator of over 100 memecoins. In a statement that has shaken the crypto ecosystem, Arora suggested that investors should "feel lucky" to be scammed by someone like him… with a "proven" track record.
What is happening?
Amid the rise of memecoins, projects without solid fundamentals are proliferating. Some promoters not only do not hide: they boast about their scams as trophies.
Why is it important?
This case reveals a critical gap in education, regulation, and community oversight.
Many new users are drawn in by euphoria and FOMO, but end up becoming victims of fraudulent strategies disguised as humor and hype.
Lessons for the Binance Square community:
1. DYOR (Do Your Own Research) is not optional, it is essential.
2. Do not invest in projects without transparency or with suspicious backgrounds.
3. If something sounds too good to be true… it probably is.
BEWARE OF RUG PULLS!
Do not put your money in the hands of those who celebrate it as a "game."
