Top 5 Rug Pulls So Dumb, They Deserve Their Own Netflix Documentary

FAJR...8Gdr
16 Apr 2025
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Let’s be honest: if Netflix ever runs out of serial killer documentaries, crypto rug pulls are next in line.

And not just the sophisticated ones with shady whitepapers and untraceable dev teams—no, no.

We’re talking about the ones so dumb, so hilariously obvious, that even your grandma with a flip phone could’ve seen it coming.

Crypto has made millionaires overnight and turned tech bros into cult leaders, but it’s also birthed some of the most facepalm-worthy scams the blockchain has ever seen.

And because we’re all about helping you NOT lose your life savings to a coin called "InuTits," let’s take a hilarious yet sobering stroll through five of the dumbest rug pulls in crypto history.

--- 1. Squid Game Token – Because Who Wouldn’t Trust a Coin Based on a Show Where Everyone Dies? Ah, yes.

The “Squid Game” token. Inspired by the viral Netflix show where desperate people compete for money and usually get… well, unalived.

So naturally, some genius thought, “Hey, let’s make a coin out of this.” And people bought in. Hard.

The website looked like it was built in a high school HTML class. The whitepaper was practically a ransom note. But that didn’t stop thousands from throwing their money at it like it was an actual investment.

Guess what happened? The devs pulled the plug, ran off with $3 million, and never looked back. The token dropped from $2,800 to near zero faster than your crush ghosting you after asking for your birth chart.

Moral of the story: if the source material is about *dying horribly*, maybe don’t invest.

2. SaveTheKids Token – The Charity Coin That Helped No Kids, But Definitely Helped Influencers

This one had the holy trifecta of scam ingredients: influencers, fake philanthropy, and a coin with “save” in the name.

Promoted by a bunch of YouTubers and self-proclaimed crypto experts (read: people who think PancakeSwap is a breakfast club), SaveTheKids claimed to donate a portion of every transaction to children's charities.

What actually happened? The devs and influencers dumped their coins moments after launch, the price tanked, and “the kids” were nowhere to be found—unless they were hiding in the Cayman Islands.

The worst part? Some of the influencers claimed they “had no idea.” Bro, you were in the promo video holding a teddy bear. Please.

3. Meerkat Finance – The DeFi Scam That Vanished Faster Than a Tinder Match After "I'm into NFTs"
Meerkat Finance popped up in the Binance Smart Chain ecosystem promising juicy DeFi returns. Stake your coins, they said.

Earn passive income, they said. Trust us, we have a *meerkat* logo! Then boom—one day after launch, the project “suffered” an “exploit,” and $31 million vanished into the blockchain ether.

Devs deleted their social media, the Telegram group went silent, and the meerkat? Probably sipping piña coladas in Dubai.

To this day, no one knows if it was a hack or just an inside job wrapped in digital mystery.

Either way, if your financial future depends on a cartoon animal in sunglasses, maybe reconsider.

4. Uranium Finance – Sounds Explosive, Was Literally Explosive (To Your Wallet)

Any time a project uses words like “radioactive,” “nuclear,” or “we swear it’s not a scam,” run.

Uranium Finance was a DeFi protocol that promised to revolutionize automated market making. But during a routine update
(translation: "Oopsie, we left the vault open"), hackers made off with over $50 million.
And the devs? They just said “we’ll try better next time.” NEXT TIME? Bro, you dropped $50 million like it was spare change under the couch.

The only thing radioactive here was the regret felt by investors.

5. FLOKI SANTA – Because Memecoins and Christmas Always End in Tears

Last but not least, we present to you Floki Santa. A token that tried to combine the power of Elon Musk’s dog and holiday cheer. What could go wrong? Everything!.
Floki Santa launched, pumped (because, of course, Twitter bots), and then—like a sleigh crashing into a brick wall—dumped hard.

The devs rugged the liquidity pool like it was a Black Friday sale and disappeared into the snowy night. No gifts. No Santa.

Just a lot of people trying to explain to their spouses why Christmas dinner was sponsored by debt.

Wrapping up: Don’t Get Played by Crypto Clowns. Crypto is a beautiful, volatile, chaotic mess. But as entertaining as these stories are, the losses were real.

Behind every rug pull is a line of people checking their wallets and muttering, “What was I thinking?” So how do you avoid being the next unwilling star in the Netflix documentary “Scammed: The Dumbest Coins Known to Man”? - Do your own research (DYOR). I can't stress this enough. This is not the TikTok kind—I'm talking real research. - If it smells like a scam and walks like a meme, it probably is. - Don’t FOMO into projects with cartoon animals promising Lambos.

Because let’s face it: if you’re buying “PepeBonk420” because a guy with 17 followers said “it’s going to the moon,” you might want to rethink your entire financial strategy. Unless, of course, you want to be in the sequel. -

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