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Warning🚨: The Great Crypto Heist Top 10 Worst Crypto Rug Pulls of all time 🧵
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4/ SQUID GAME $SQUID TOKEN The Squid Game (SQUID) Web3 project, launched on Binance Smart Chain in 2021, is considered one of the most notorious crypto rug pulls. Despite garnering widespread media attention, the project turned out to be a sc*m, exploiting the popularity of the Netflix series. Developers made off with $3.3 million in investor funds, leaving users with significant losses. This incident highlights the prevalence of fraud in the crypto space, with Solidus Labs reporting that 12% of BNB Chain tokens are sc*ms, a Twitch streamer witnessed the Squid Game coin's market capitalization dumped from $2.2 trillion to near zero instantly
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