The token creators based on the TV series “Squid Game” are accused of skam
The price of the asset plummeted to almost zero in just a few minutes

02.11.2021 - 09:20
813
1 min
0
What's new? According to Gizmodo, users might have faced a major scam. This refers to the Squid token, based on the famous South Korean TV series “Squid Game”.
News source on the Gizmodo website
What is known about a possible scam? In just a few minutes, the token price plummeted from $2850 to $0,005. At the same time, the project's Twitter account and website are currently unavailable. Users believe that the creators made an exit scam and withdrew funds in the amount of $3,38 million. In total, there are more than 41 000 victims of these actions.
As we mentioned just a few days ago, altcoin trading was at a high level and reached $5,8 million per day. At the same time, CoinMarketCap was warning that at some point the Squid holders faced the inability to sell cryptocurrency.
Useful material?
Technologies
The proposed improvement would allow nodes to not store the entire history of the underlying blockchain
May 19, 2025
Market
The criminal funds were moving on the Ethereum and TRON networks
May 16, 2025
Crypto regulations
The official also noted that mining companies can play a key role in modernizing the country’s energy infrastructure
May 14, 2025
Market
The exchange’s daily volume surpasses the $3 billion mark
May 12, 2025
Market
According to anonymous sources, Facebook’s parent company will add support for USDT and USDC
May 9, 2025
Market
An on-chain analysis revealed buyer activity minutes before the official launch announcement
May 6, 2025