The group responsible for launching a meme coin project on the Solana blockchain has gone missing after securing a large sum during their presale, leaving investors at risk of a rug pull. ZachXBT shared that the creators managed to collect approximately 2,400 SOL, equivalent to $450,000. Bryce Hall, an American influencer, heavily promoted the meme coin across various social media platforms. However, the team vanished shortly after the launch, with URF's social media accounts falling silent since March 26. The funds earned from the presale have been utilized for meme coin trading through a specific address. ZachXBT emphasized the rising trend of rug pulls in the crypto space, as seen in this incident.