'Squid Game' cryptocurrency scams $2 million

[tvplus006]

is poloniex exchange promoting scam project?

november 8, i was very surprised to see poloniex exchange tweet about listing squid game token (squid/usdt) pair. as a trusted exchange how they will go with scam/rug pulled project without research.

Despite the fact that the Squid Game website is disabled and the Twitter account is blocked, the price of the SQUID coin has increased by 1000% over the past few days. And there is only one explanation for this: the Poloniex exchange has listed SQUID. I am sure that the exchange has made an illegal decision to list scam coins on its site, which will entail negative consequences for the exchange.

[Tigerheart3026]

is poloniex exchange promoting scam project?

november 8, i was very surprised to see poloniex exchange tweet about listing squid game token (squid/usdt) pair. as a trusted exchange how they will go with scam/rug pulled project without research.

Despite the fact that the Squid Game website is disabled and the Twitter account is blocked, the price of the SQUID coin has increased by 1000% over the past few days. And there is only one explanation for this: the Poloniex exchange has listed SQUID. I am sure that the exchange has made an illegal decision to list scam coins on its site, which will entail negative consequences for the exchange.

yes, there all of down website,twitter,telegram, poloniex team didn't reviewing squid game project before list? i don't believe that!
i think they did it knowingly, because there are money involved.

[darmin]

It's been a risk. The fluctuations in crypto are great. Especially for meme coins, it's really crazy to put everything on squid coins or memes like this.

What amazes me is why so many believe. The first indication of their website is still new, then on their social media is unclear. Just because it's popular, a lot of people have fallen.

[lixer]

Despite the fact that the Squid Game website is disabled and the Twitter account is blocked, the price of the SQUID coin has increased by 1000% over the past few days. And there is only one explanation for this: the Poloniex exchange has listed SQUID. I am sure that the exchange has made an illegal decision to list scam coins on its site, which will entail negative consequences for the exchange.

I was also very surprised with Poloniex this decision that they are promoted a scam project which is already under some serious issues, but they are not reviewing about these things and promoted this scam which can create problems for them as well because if they are not going to check all facts about this surely they are going to have some issue by any legal authorities or any person who is already facing scam by this game's scam developers and others involved in this all cheat project.

In crypto, we are already facing some serious hype in recent time which is never been good and ideal for us, but no things like this can do more issues and bad impact on many others those are already feeling negative about this all crypto community.

[wxa7115]

On Oct. 26 a coin called $SQUID was launched by a group with no affiliation to the creators of the hit Netflix show -- the first red flag. As memecoins sometimes do, it exploded in growth. After listing at 12 cents, on early Monday morning it briefly hit a peak of $2,800.

Then, as memecoins are also known for doing, it all crashed. In an instant, the price fell to one third of one cent, where it remains at time of writing.

So the question is how people still believe in all that stuff?

This happens because they want to believe there is an easy way to get a lot of money out of the markets, they do not understand the nature of the markets at all, we know that in order for someone to earn money someone else needs to lose it. But they are victims of magical thinking, they believe that money will appear on their accounts out of nowhere and markets do not work like that.

Also there are some that understand this but they also know they do not have the knowledge to profit from the markets and as such they are looking for meme coins and see if they can buy when the price is low and sell when it is pumping, but even those people will lose their money as it is incredibly difficult to capture movements like that since they happen so fast.

[jossiel]

It's been a risk. The fluctuations in crypto are great. Especially for meme coins, it's really crazy to put everything on squid coins or memes like this.

What amazes me is why so many believe. The first indication of their website is still new, then on their social media is unclear. Just because it's popular, a lot of people have fallen.

It's because they've used a popular name and film. If it's not because of it and they just rebranded or used a name that's not popular, they won't reach that certain popularity that they have.

But because these scammers really know how to trick people into their scam, they've planned it well. Now their website is totally offline and they've been delisted on coingecko.

I think coinmarketcap has to act too of delisting this scam token.

[adamantasaurus]

well I mean the scam was in the name you had to sell out before it turned to red light cause once it did you got rugged  but yea idk if anyone was even able to sell once you bought in but I mean that's the game u play when you buy shit coins.....

[asriloni]

Well It's not a token anymore, its fully tradeable? Or can someone chime in on what's the setup is atm?
Cheers!

I can confirm this based on some people if they were able to selling their tokens but remember that scammer has a key to did another rugpull to take money from liq pull.

is poloniex exchange promoting scam project?

november 8, i was very surprised to see poloniex exchange tweet about listing squid game token (squid/usdt) pair. as a trusted exchange how they will go with scam/rug pulled project without research.

You meant this, right? https://support.poloniex.com/hc/en-us/articles/4412105234327-New-Listing-Squid-Game-SQUID-

This exchange is turning into the garbage exchange site after the acquisition by tron. This garbage exchange site will be listed scam token while binance is still investigating and tracking scammers who have been running away with the money. Polo must be ashamed with its decision to list scam token on its garbage exchange site.

There's no different between polo with low exchange sites like p2pb2b and coinsbit. These are all scam exchange sites.

[LyJones]

This project became popular because of the increase in heat, and the early purchases could not be taken out, which caused the price to grow wildly. I didn’t invest in this coin either. I think it’s totally enthusiastic, and without the support of celebrities, it will die no matter what.
It's just that its price has picked up a bit now, and it's not worth everyone's attention.

[Hovarda]

I think such scam attempts help people learn a good lesson. I hope everyone now makes their investment in line with reason and logic.

[Swapzone_pr]

People like to think of themselves as being consistent and rational individuals, If they decided that they know better and "this is a definitely a good investment", they won't listen, as this may dent their sometimes fragile self-esteem. So this will probably never end.

[kojektea]

Lately the facebook and telegram community that I follow is splashy with BUFFDOGE. I see buffdoge similar to squid games. But it's so funny, the community there seems like they're greedy with their wealth believing that buffdoge will bring them wealth. Even the most interesting thing is that they are willing to throw away their own coins to do self-burn. In fact this looks worse than squid games.

[Starkick]

Well, I noticed that Crypton is slowly but continues to grow. By the way, a lot of users have added this project to the observation list and are also monitoring its development. Especially considering that Utopia sponsored such an important crypto event.

[Cling18]

I did not invest here I have seen this being promoted in social media there are so many red flags, I just knew there will be a red flag and they can do rug pull anytime because it is a meme coin from a movie and this is the kind of scheme that scammers usually use to hype a coin then do a rug pull, investors never learn that if you are going to invest in a pump and dump coin be sure to moderate your greed, do not invest or if you invest only invest what you can afford to lose and get out when you are in profit.

That's the risk of investing with a meme coin especially if it's just being carried away by the hype. We must check the foundation and the team behind a certain project before investing no matter how famous or trending it is. As we have seen, they just used the trending movie to catch the attention of most investors. We have to be careful in investing with these coins because they could deceive us at first but would just take away our funds in the end.

[Marykeller]

I wonder what makes the project unique in the actual sense. Is it because it answered after an interesting Korean movie named "Squid game'' for it to have such pump of investors. I still don't get it while the majority falls into the scam of the squid game while there have been good memes projects before the squid game arrived. I pity those that fall into a crypto scam without carrying out proper research on their own without social media hype

[btcltcdigger]

On Oct. 26 a coin called $SQUID was launched by a group with no affiliation to the creators of the hit Netflix show -- the first red flag. As memecoins sometimes do, it exploded in growth. After listing at 12 cents, on early Monday morning it briefly hit a peak of $2,800.

Then, as memecoins are also known for doing, it all crashed. In an instant, the price fell to one third of one cent, where it remains at time of writing.

So the question is how people still believe in all that stuff? Easy money is very hard to catch. Especially while there are coins like Crypton privacy coin, which gained 50% right after the new listing and gained 50% more in the next 2 days.. People still look for some scams on their own. OMG, will it ever end?

Yeah it's a dead right scam. But there's actually people that are looking for these scams, as gain potential is very big.

[Sethrey]

Have you ever heard the word of scammer disappear from the world? As long as people with bad intentions and behavior still exist and new scammers will always appear anytime. Are you also shilling your crypton? is not crypto another shitty coin that's traded on scam exchange sites like latoken? https://coinmarketcap.com/currencies/utopia/markets/
It doesn't have any differences with those meme token

The Utopia p2p project that launched Crypton is built on its own blockchain and it has its own decentralized blockchain based no KYC exchange. It's not very easy to list the coin on many exchanges as 1984 Group, the owners of Utopia p2p, are fully anonymous and don't want to reveal their identities. Before making a conclusions, you'd better spend 5 minutes, download the soft and check it on your own. I bet you never met anything similar on blockchain.

[karanggatak]

I think such scam attempts help people learn a good lesson. I hope everyone now makes their investment in line with reason and logic.

agree.

because of hype on real life doesnt mean it will explode on cryptocurrent. advertiser will give small effort to gain massive people by 'whats going on' on real life, and people will trust because that thing very famous in their life.

[bigjuk]

I think such scam attempts help people learn a good lesson. I hope everyone now makes their investment in line with reason and logic.

Now almost everyone has had experience with things that are not good, including fraud, even though it is only felt once, because the name of fraud will always feel very painful if someone becomes a victim.

[kobe24]

I feel sad for those investors but I think we can prevent such scam projects if we invest on a real project with a trusted team.