A cryptocurrency inspired by the Netflix hit “Squid Game” skyrocketed 75,000% as buyers jumped in, but now links to its website and social media are dead, which suggests it was a scam.
In recent days, reports piled up from buyers saying they couldn’t sell their squid tokens and cash out their gains in the only available venue, the PancakeSwap service.
CoinMarketCap said in a user notice it had received multiple reports that the websites and social media related to squid were no longer working. Insider confirmed trading was no longer possible on PancakeSwap, which was also flagged by the crypto-data provider.
