Club Vibes Episode 6: NFT RugPulls coming out of the dark due to Regulation

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Club Vibes Episode 6: NFT RugPulls coming out of the dark due to Regulation

Recently Frosties NFT was charged with the act of rug pulling their community when it came to their NFT project. At this time 2 twenty-year-old men were charged with defrauding their community of over 1.1 million dollars. When the news came that the government was charging them it was interesting that a lot of projects came out of the shadows to restart again. There was a discussion of crypto projects who haven’t followed their road maps properly of being investigated for illegally rug pulling on their community.

First up is one Lana Rhoades with the project CryptoSIS which has come out of the shadows and looks like it is trying to fulfill their project road map. From purchasing sandbox land to sending merchandise to their OG holders. Another project who recently appeared is BoredBunny’s who said he was busy reading emails the last while and having his designers come up with proper designs for his merchandise. We are curious in the near future if this will fall just on the developers themselves, or if it will end up being an issue for the Crypto influencers that had been involved with the projects themselves. Listen for more great details.

Thank you for tuning it and watching Blockcast and @cryptobeast32(Scott Tripp) and @Vibinincrypto (Chris) tune in next time for more great news.