There was a large-scale “rug pull” scam last month. Baby Musk (BABYMUSK) The meme coin named Dogecoin and Shiba Inu tried to attract investors.
The fraud project in question collected millions of dollars in a short time and its developers disappeared with all the money. It seems that the same team has started their plans to defraud innocent investors again.
“Baby Musk Team Advertises Big Coin (BIG) Altcoin This Time”
According to the information conveyed by users, people who previously participated in the Baby Musk airdrop were taken to a Telegram group belonging to the project.
Although the Baby Musk developers disappeared, this Telegram group continued to exist. A short time ago, the name of this Telegram group was suddenly changed to “Big Coin Discussion”.
With this information, it may be possible to say that the team behind the Baby Musk rug pull has started fraudulent activities again.
This time, the team has created a product called Big Coin (BIG). cryptocurrency is advertising. Big promises are made on the project’s website and it is claimed that this project will be “the next big thing”.
In fact, the website makes fun of innocent investors by stating that everyone is tired of rug pull and other types of fraud.
However, this altcoin Of course, it is not possible to say 100% that it is a rug pull or honeypot fraud, but investors need to be careful about this.
Especially the frequency of fraud projects on Binance Smart Chain (BSC) draws attention. The cryptocurrency called Big Coin is also working on BSC.
*Not investment advice.