Minutes After Twitter Restrictions, Squid Game Token Price Crashes From $2,800 To Zero |
After Twitter restricts the 'Official' Account, the price of Squid Game Tokens plummets from $2,800 to zero in minutes.
The crypto project has an unverified market cap of $2.9 million, according to CoinMarketCap.
Despite several allegations that it was an evident hoax, the crypto coin saw an 83,000 percent price increase in a matter of days, attracting investors.
Due to its "anti-dumping technology," users have reported being unable to sell their SQUID tokens.
Following the suspension of the "official" Squid Game account on Twitter, its developers allegedly sought to run other accounts, which were also detected and suspended.
At the time of writing, scammers had already begun laundering the stolen funds through Tornado Cash, an Ethereum-based solution that enhances the privacy of transactions.
Minutes After Twitter Restrictions, Squid Game Token Price Crashes From $2,800 To Zero |
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