The LV PLUS (Token LVP) project has been identified as a Rug Pull project. So far, the project has resulted in losses of about $1.5 million. LV PLUS claims to be affiliated with the "LV Metaverse", and the main reason for the loss, which is defined as a Rug Pull, is that the LV PLUS contract deployer sent tokens to certain wallets - these wallet addresses subsequently sold the project's tokens, causing the project's market to crash .