In its statement, Vault encouraged people to head to its Discord channel to learn more about what shuttering its platform means for collectors. The move prompted some to accuse CNN of orchestrating a rug pull – a type of crypto scam where creators pull the plug on a project suddenly and make off with investor funds. Others said they were disappointed by promises of long-term utility for holders, including exclusive perks, merchandise, upgrades and discounts on future drops.

Source: CNN October 11, 2022 21:21 UTC