# kaal:claim:4067783-007

**Claim.** DAO projects accounted for a material share of the largest crypto frauds of the year: two of the top six crypto rug pulls in 2021 were DAO projects.

**Type.** empirical  **Support.** evidenced

**Holds when.**

- 2021
- top six crypto rug pulls by size

**Source quote.**

> Of the top six crypto rug pulls in 2021, two were DAO projects.

**From.** Wulf A. Kaal, *DAO Fallacies* (2022), II.2 Myth #2: Scams, page 5

**Cite as.** Wulf A. Kaal, DAO Fallacies (2022). SSRN: https://ssrn.com/abstract=4067783

**Verify.** sha256 of source PDF `48f1e307cdbbe28c7843f7744d0ba8cf01662f257a53f2066a7a6c7e03a5acec` at https://raw.githubusercontent.com/wulfkaal/Academic-Papers/main/papers/pdf/Kaal%20-%202022%20-%20DAO%20Fallacies.pdf

**Failure mode.** DAO concentration among largest rug pulls  (family: fraud-and-misconduct)

**Topics.** dao, empirical-evidence

**Keywords.** anubis-dao, snowdog-dao, rug-pull, empirical-data

**Related claims.**

- contests: https://wulfkaal.github.io/claims/4015908-025
- supported_by: https://wulfkaal.github.io/claims/4529715-029

**Canonical form.** This markdown file is the canonical hashed representation of the claim. Its sha256 is the content hash used for attestation.