The cryptocurrency space continues to grapple with the issue of rug pulls, with two high-profile incidents involving decentralized finance (DeFi) and non-fungible token (NFT) projects making headlines in recent weeks. These incidents have once again raised concerns about the risks associated with investing in new crypto projects. In the first incident, crypto investment firm Titan was the target of a rug pull that resulted in the loss of over \$100 million in investor funds. The attackers drained the project's liquidity pool, causing the price of its native token, TITAN, to plummet to zero.