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Report Claims 97% of Uniswap Tokens Are ‘Rug Pulls’—Crypto Twitter Has Doubts

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A team of researchers says that 97.7% of tokens launched on decentralized crypto exchange Uniswap turned out to be rug pulls. Not surprisingly, Crypto Twitter has some thoughts. The researchers were looking to build on work done in a 2021 study that used a machine learning algorithm to analyze transaction data and find Uniswap tokens that turned out to be scams. But that algorithm could only identify suspect tokens after the scams had taken place. In the new study, researchers claim to have added transaction data from 20,000 more tokens, manually analyzed the data, and developed m ...

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