Gather around, readers. Let me tell you a tale of rug pulls and scams for 2022. According to Solidus Labs, there was an estimated 350 scam tokens/rug pulls created on a daily basis since January 2022 to December 1st, which equates to 117,629 scams for the year so far. This is a 41% jump over 2021 where 83,400 token scams were deployed. The report also claims that BNB Chain has the greatest number of scam tokens, with 12% of all BEP-20 tokens being fraudulent. In second place is Ethereum, with 8% of all ERC-20 tokens beings scams.