You put $2,500 into $RUG.
Locked liquidity, a KYC'd team, an audit badge. It checked every box.
It 19×'d. “Liquidity locked,” they said.
The Telegram hit 40,000 members. You were up $45,000 on paper.
Four minutes. Pool drained.
Developer wallets pulled the liquidity and went dark.
The money moved through 14 wallets.
Every hop is still on-chain. That trail is evidence.
Down 99.98%. Still not a tax loss.
A collapsed token you still hold is not a completed sale, and the IRS does not treat it as worthless. Most people stop here.
This is where you file it.
RugFile reads that trail and builds the claim — four ways, below.