May 26, 2023
OneCoin is the biggest crypto Ponzi scheme which raised $4 billion by promising investors returns on their crypto investments. The mastermind of teh scam was Ruja Ignatova.from Bulgaria,
Thodex was a Turkish crypto exchange that raised $2 billion and vanished in April 2021. At the time, Faruk Fatih Özer, the founder and CEO blamed cyberattacks for stopping the trade.
Mutant Ape Planet (MAP) NFT collection was a knockoff of the popular Mutant Ape Yacht Club (MAYC) NFT collection, from which the developers made around $2.9 million.
Based on the popular Netflix series, Squid Game Token raised $3.3 million from investors, which made this Web3 project one of the worst rug pulls in the history.
This dog coin project raised $60 million in ETH (13,597 ETH) from investors in return for native ANKH tokens. All of the funding vanished under 24 hours, leaving the liquidity at zero.