CNN is being accused of "rug pulling," abruptly ending a project after building interest, by the crypto community after announcing it is abandoning its new NFT project, Vault. "We have decided that it's time to say goodbye to Vault by CNN," the company said.

Many social media users reacted to CNN’s announcement by accusing the media company of a “rug pull,” a term in the crypto world referring to a common scam in which developers or creators promote a project — such as a new NFT — release it, and then unexpectedly disappear with investor money.