USOE on Solana flagged as likely rug pull over unverified oil backing
- —USOE claims 2.5M barrels of oil backing without reserve reports or a legal entity
- —Project site says it is listed on Coinbase; the exchange says otherwise
- —Marketing mirrors NODF, USDP and SAOS, other suspicious meme coins
- —Token is only reachable via Coinbase's DEX feature as an unreviewed asset
Why it matters: The case shows how patriotic framing and a false listing claim can draw funds into a token with no verifiable collateral.
Source: CoinCodex