1. rug pull - Noun
2. rug pull - Verb
rug pull (plural rug pulls)
Alternative form of rug-pull
rug pull (third-person singular simple present rug pulls, present participle rug pulling, simple past and past participle rug pulled)
(cryptocurrencies) to carry out a rug-pull
A sudden revelation that completely contradicts the assumptions one has been led to believe.
(cryptocurrencies) A fraud scheme where anonymous founders trick people into investing money for a cryptocurrency project which is then abandoned.
Coordinate term: pump and dump
rug-pull