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The creators behind the "Arab Meta Social Club" NFT collection swiped 450 Ethereum, or around $1.1million, from would-be collectors, marking the biggest "rug pull" in the Ethereum blockchain's history.

A rug pull is a type of scam in which creators quickly cash out their gains after launching what appears to be a legitimate crypto project.

But on January 13, when the NFTs were supposed to be minted, the creators just vanished. The 5555 arab-themed tokens were also never created. Similar to other rug pulls, their Twitter account,

Discord server, and the official website of the collection all shut down. An NFT marketplace, also acknowledged the rug pull. It appears their social media and website was later reinstated after the pump and dump exposure.

Emirati 27 year old Mohamed Beiraghdary who is also known as Mo Vlogs and his 20 year old best friend/ accomplice Ahmad Mahmood who is known on Instagram *******@1ahmad are working closely scamming many people out there.

If you have been scammed *******@movlogs,@1ahmad *******@plug.ae_ (https://www.plug.ae/) please join us and others by reporting these scammers to Dubai's Police Station on (toll-free in UAE) 800-4888