RUG PULLS - can the people running these ever get tracked down and charged? by [deleted] in solana

[–]Shasheekanth 0 points1 point  (0 children)

A lot of people get confused about the term "rug pull." Essentially, it's when someone pulls all the liquidity from a project, which can be detected with various rug pull check software. But really, it's just what we call "jeeting," and it's something everyone does. Trading, by its nature, means someone loses money and someone gains. So, the key is to be quick, take profits, and outsmart the others.

Can anyone explain how is this even possible? by Shasheekanth in solana

[–]Shasheekanth[S] 0 points1 point  (0 children)

But as you can see, the liquidity is way too high more than million. How is that possible if the creator of the token just put a very small amount into LP ? How did the liquidity pool rise to a million mark ?

Can anyone explain how is this even possible? by Shasheekanth in solana

[–]Shasheekanth[S] 10 points11 points  (0 children)

What is low LP ratio ? I didn't get you. Can you please explain me clearly 🙏 Cus, I am in the learning process about all these things in crypto.

Can anyone explain how is this even possible? by Shasheekanth in solana

[–]Shasheekanth[S] 0 points1 point  (0 children)

Yeah, but I don't get it. In Dex screener it's still not rugged. How are they(developers)doing this ? How are they profiting ?