What Is a Scam-Grab?
A scam-grab (similar to 'land-grab') occurs when a new innovation, technique, tool, meta or technology enters the crypto market, conditioning participants to adopt a higher time preference due to its profitability and their greed (e.g., new coin meta, rapid creation of new coins and their potential profitability, and overall PumpFun runners).
From the scammer’s perspective, a scam-grab represents a massive opportunity to exploit market greed. This leads to a prisoner's dilemma-style race, where scammers rush to extract as much capital as possible before the opportunity disappears.
A scam-grab (similar to 'land-grab') occurs when a new innovation, technique, tool, meta or technology enters the crypto market, conditioning participants to adopt a higher time preference due to its profitability and their greed (e.g., new coin meta, rapid creation of new coins and their potential profitability, and overall PumpFun runners).
From the scammer’s perspective, a scam-grab represents a massive opportunity to exploit market greed. This leads to a prisoner's dilemma-style race, where scammers rush to extract as much capital as possible before the opportunity disappears.
"I missed out on the Trump coin, it turned into a scam-grab with all the other ones being created."
"This new crypto bird animal meta quickly turned into a massive scam-grab."
"This new crypto bird animal meta quickly turned into a massive scam-grab."
by FranklinsCrypto February 18, 2025
Get the Scam-grab mug.When a housemate scams you off utilities, rent, and internet by completely overcharging every housemate by exactly $20 to fund a flight to Australia.
Accountant: oh your rent receipts don’t make sense, you’ll get audited. Looks like scamming hann got you.
by Brokeasshit April 16, 2020
Get the scamming hann mug.by rat scam October 1, 2022
Get the rat scam mug.Reestruturação dos Mestrados Integrados, quando passamos 2 anos a pagar propinas de mestrado integrado e depois do nada deixa de haver mestrados integrados e temos de pagar o mesmo que o resto do pessoal no mestrado. Muito justo.
by TheRealRare November 12, 2020
Get the Scam mug.This is a social media scam where someone posing as an upset female accuses a random male of some offensive action hoping that "good guys" will respond with offers of assistance, typically financial assistance.
by Kettlebell 78 August 12, 2019
Get the Bad Man Scam mug.