“Whereas a few of the massive rug pulls and scams make the information, just like the well-known Squid Video games Token that’s estimated to have value customers round $3 million in misplaced funds, the complete image stemming from our knowledge reveals the overwhelming majority of those scams go unnoticed,” Solidus Vice President of Regulatory Affairs Kathy Kraninger mentioned in a press release. Earlier than becoming a member of Solidus, Kraninger ran the U.S. Shopper Monetary Safety Bureau.