Slow Rug

WHAT IS SLOW RUG IN NFT

Slow Rug is a term that refers to rug pull but with one key distinction.

Essentially, a Slow Rug is a rug pull carried out slowly over an extended period, with activity winding down progressively.

In practice, the project’s team abandons ship while quietly draining funds, keeping things low-profile enough not to trigger the same red flags as a typical rug pull.

It’s an illegitimate and unethical practice that can carry criminal penalties depending on the jurisdiction.

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