Photo by Traxer  on Unsplash What is a crypto rug pull? Lately, many high-profile public figures have been involved in crypto scandals. Hailey Welch, also known as the “Hawk Tuah Girl”, launched the much-anticipated $HAWK  meme coin on the Solana blockchain platform on December 4th, but within minutes of its debut, its value collapsed  by over 93%. Two weeks later, Chinese online dissident “Teacher Li” launched $Li , but its value dropped  by 80% within the same day. The trend spread from...