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Author Topic: Fake SquidGame Swap Token  (Read 156 times)
borovichok (OP)
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October 12, 2021, 07:36:53 PM
Merited by Mbitr (1)
 #1

What happened: It's funny how people take advantage of current events and trends for their own gain; the Squid Game is a popular Korean film, but they don't own any tokens; this false company is imitating Squid Game to defraud newcomers with a bogus airdrop and token.

Scammers Profile Link: N/A
Reference Link: https://www.squidgameswap.com  
Amount Scammed: N/A
Payment Method: BNB
Additional Notes: Do not claim the free Airdrop it looks like a phishing attempt to steal coins from wallets.

Quote
Domain:squidgameswap.com
Registrar:Web Commerce Communications Limited dba WebNic.cc
Registered On:2021-10-01
Expires On:2022-10-01
Updated On:2021-10-01


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Rikafip
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October 12, 2021, 09:49:03 PM
 #2

Hah, I asked myself recently when we gonna get something based on the squid game, and here it is.

Classic scammer move, to exploit hype and fool naive and greedy ones. Rinse and repeat.

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smyslov
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October 13, 2021, 04:39:01 AM
 #3

The last hype was Elon coins airdrop and since SquidGame is so popular they created one so people will have a recall on the token, rule of the thumb is scammers are taking what is the hype and what is trending to scam people we have seen this happen in the past, Libra coin, Facebook coin, Elon Musk, Dogecoin, they create their project on what is trending, so if you see a project that uses what are trending, that's 100% scam.
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October 13, 2021, 04:46:04 AM
 #4

AFAICT, the entity behind this token is not stealing any kind of coin from any "investors". I don't see any particular reason to trust this issuer of tokens, nor do I see any reasons to buy this specific token. Most likely the tokens they are issuing are going to be worthless over the long term.
borovichok (OP)
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October 15, 2021, 10:36:37 AM
 #5

AFAICT, the entity behind this token is not stealing any kind of coin from any "investors". I don't see any particular reason to trust this issuer of tokens, nor do I see any reasons to buy this specific token. Most likely the tokens they are issuing are going to be worthless over the long term.
Not sure if the token will be listed on any good exchange ( maybe on pancakeswap to make it look more legitimate); these are low-cost con artists who wouldn't want to invest in their sham project, so once they get what they want, they'll move on to another, most likely changing the name of the coin.

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October 15, 2021, 04:52:19 PM
 #6

All currencies that have famous names or trends are scam, so do not invest in them, at least the company that holds the intellectual property will be notified and the site or token will be closed.

Overall, what makes token valuable is not the name but the technology and the solutions it provides.
As for pumping and dumping currencies, look for central platforms for that.

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October 15, 2021, 05:28:59 PM
 #7

Lol. Scammer is now taking advantage of popular films. They are very intelligent we have to say to be honest. Smiley So basically what happen scammer choose some trending names and create new tokens and build a website with buying feature like ico. The more trending names the more chance to get some money from the fool peoples. They will just not stop. That means we have to be careful to protect such scam.


btw maybe You have also brought this token according to your screenshots Smiley.

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borovichok (OP)
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November 02, 2021, 07:54:08 PM
 #8

Lol. Scammer is now taking advantage of popular films. They are very intelligent we have to say to be honest. Smiley So basically what happen scammer choose some trending names and create new tokens and build a website with buying feature like ico.
Scammers use trends to develop their scam projects, therefore many well-known films and celebrities have fallen victim to these fraudulent tokens. Tesla and Elon Musk are now a thing of the past.

btw maybe You have also brought this token according to your screenshots Smiley.
The screenshots is from the scammer. I'm experienced when it comes to all these fake projects.

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November 02, 2021, 11:58:10 PM
 #9

Slightly different from the squid game token but hey, they are all scammers  Grin

In case anyone doesn't know. Squid game token recently pumped I think by over 40,000% in just 72 hours and as the price spiked, traders were not able to sell the token and then a rug pull happened


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aioc
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November 03, 2021, 01:38:52 PM
 #10

Slightly different from the squid game token but hey, they are all scammers  Grin

In case anyone doesn't know. Squid game token recently pumped I think by over 40,000% in just 72 hours and as the price spiked, traders were not able to sell the token and then a rug pull happened



If you are a new investor and you don't know a thing about rug pull and you are just following hype on social media, then you are in deep trouble, so many investors still believe in FOMO without doing enough research if the project will do a rug pull, so many warning signs on this project, the team are anonymous and you'll get ban if you ask legit questions and of course, squid game is copyright, scammers are using popular or what's trending to create a project, this will be a hard lesson for those who still believe in hype. 

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November 03, 2021, 01:52:40 PM
 #11

Slightly different from the squid game token but hey, they are all scammers  Grin

In case anyone doesn't know. Squid game token recently pumped I think by over 40,000% in just 72 hours and as the price spiked, traders were not able to sell the token and then a rug pull happened



If you are a new investor and you don't know a thing about rug pull and you are just following hype on social media, then you are in deep trouble, so many investors still believe in FOMO without doing enough research if the project will do a rug pull, so many warning signs on this project, the team are anonymous and you'll get ban if you ask legit questions and of course, squid game is copyright, scammers are using popular or what's trending to create a project, this will be a hard lesson for those who still believe in hype. 

Just like on what happen to the streamer where he stream him self getting rug pull on the squid game token and there's a lesson need to be learn from that and that is never invest your life savings on trading especially on shit tokens also never listen to any hype brought by anyone but what good thing is do your own research and better go only on the trusted crypto which is totally visible on the coinmarket cap since new tokens specially who use BSC network is scam I don't mean all of them but almost.

R


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November 03, 2021, 03:35:22 PM
 #12

I don't think people will be interested to buy this token, after what happened to the Squid game token that scammed investors millions of dollars it's still hot news and anything that related to the game squid game will be ignored or shunned by investors, this is another rug pull in the making.
You'll be a fool if you still invest in this kind of project, I don't see anything here that will contribute to the community, no technology to speak of and it has anonymous developers just like the one that do a rug pull
You'll be surprised how naive some crypto investors could be for there's still someone out there that will still believe in this Ponzi scheme and I wonder why anyone would think about investors or participate in a token created out of a movie because this is all a joke project right from the beginning. This reminds a project which was named fud and dumpling.
Yes, they will technically cause fud or dump the project and run away with the investors fund.
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