The Megabot project <button class="define-target" id="rug-pull">rug pulled</button>, stealing $742,000 from those who bought in to the project's presale. The majority of the money — around $692,000 — was stolen on the Solana network.<p>Megabot had advertised itself as an AI trading bot that would earn users "up to 30% monthly". The team had promised that the bot would perform trades while "sidestepping potential risks such as honeypots, rugs, and slow rugs".</p><p>"No one will be able to rug you anymore", their website boasted. Ah, well.</p>

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