A little over one year after countless cryptocurrency investors fell victim to the crypto scam that used the name of the popular Netflix (NASDAQ: NFLX) show to trick people into investing in SQUID token, a cryptocurrency that, in fact, had no connection to the show.
Interestingly, a journalist’s investigation has delivered new evidence as to the whereabouts of the scam’s originators. As it happens, the debut of the famous Korean Netflix show Squid Game in 2021 proved a perfect opportunity for scammers to create an efficient cryptocurrency scam that has cost its victims an aggregated $16 million in financial loss.
The crypto scammers launched a token eponymous with the popular show with an aim to boost its price and sell as much as possible, with such a success that even major publications like the BBC, CNBC, and Yahoo, took notice, as Finbold sent out a warning to traders.
Investigation begins
Thirty days later, they disappeared with millions, but investigative technology journal
We współpracy z: https://finbold.com/just-in-squid-game-crypto-token-scammer-tracked-down/
