Kosta Ouzas discusses a crypto project that lost a billion dollars, debating whether it was a rug pull. He describes the appeal of fast, Metamask-enabled transactions that felt like the stock market on steroids.
This thing has over a billion dollars at the time, I think it had a billion dollars. It got nuked.
It's classes of rug pull or not.
Absolutely. Yeah. Yeah. I would say as a rug pull, that they didn't disappear with the funds. The funds. It's just got. It's just got disappeared. The funds disappeared because they kept printing money to get the new people.
So it's like kind of sounds like the world we're living in today.
I know. That's the thing. So anyway, so then. But I start to go. There was some really cool stuff, right? And it got my attention. The ease of transaction. Right. The fact that I could buy something online using. I was using Metamask Wallet at the time, and I was able to do these transactions at lightning speed. And it kind of felt like the stock market on steroids.
