Launchpads Losing Trust as Rug Pulls Surge

I think many crypto launchpads are effectively broken right now because a wave of rug pulls and scam token launches has made them unsafe. These platforms often lack the tools or processes to reliably detect malicious teams before they list a project. I’ve even seen prominent examples — for instance, Jeff, the former founder of TrustSwap, allegedly rug-pulled his community with PodFast — which further erodes trust in launchpad-based token sales.