Squid Game Cryptocurrency Scammers Make Off with $3.3M

https://gizmodo.com/squid-game-cryptocurrency-scammers-make-off-with-2-1-m-1847972824

by dsr12 • 5 years ago

30 11 5 years ago

meibo• 5 years ago

They're really just doing it to themselves at this point. When will public opinion tip over in a way that keeps people from putting money into scam crypto?

xdfgh1112• 5 years ago

I have a bad habit of looking at Reddit users' comment histories (hey, it's public) and a not insignificant number of them are investing in stuff like Shiba coins, not to mention GameStop and AMT shares. Having a typical (non tech) income in America will make people desperate for any chance at getting rich.

Double_a_92• 5 years ago

People know that it's a scam. But they just hope to find a bigger fool later on.

lm28469• 5 years ago

In this case you could only buy the tokens, non whitelisted users couldn't sell them, so no matter what happened you'd be losing

cyanydeez• 5 years ago

uhm, hate to break it to you, but the depth of the pool for the one two combo of fomo and greater fool theory is quite deep.

tiepoul• 5 years ago

The team behind this project did this only for the hype. The investors thought they could make something and take a risk on this one. This incident will criticize the cryptocurrency into a negative one.

chizhik-pyzhik• 5 years ago

It's sad that mainstream publications only seem to post about random scamcoins. It's like if Bloomberg posted exclusively about penny stocks.

There's a lot of innovation in Ethereum that seems totally ignored!

blitzar• 5 years ago

Squid Game Cryptocurrency NFT makes $3.3M for Creators

protoax2• 5 years ago

This is pocket change on the scale of monthly crypto thefts/scams.

tata71• 5 years ago

Outright scams?

Or pump and dumps of arguably less valuable stuff over the long term?

protoax2• 5 years ago

Outright scams or thefts due to complete negligence.

Squid Game Cryptocurrency Scammers Make Off with $3.3M

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