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From Hype to Collapse: Investigating Rug Pull Scams on Solana
Announce Type: replace Abstract: Solana has experienced rapid growth due to its high performance and low transaction costs, but the extremely low barrier to token issuance has also enabled widespread Rug Pulls. Unlike Ethereum-based Rug Pulls, which often rely on malicious smart-contract logic, Solana's unified SPL Token program shifts fraudulent execution toward on-chain behavioral manipulation. However, existing research has not systematically examined these Solana-specific Rug Pull...