Binance Is Investigating Squid Game Token

Have you heard of this token or do you know someone who bought it? It started with a price of $0.000047, jumped to over $2,856 in less than a week and went down nearly 99.99% in minutes.

Yeah i seen it. Seems like a lot of people lost a lot of money. That is the danger with this alt coins. No one knows whos controlling them

That’s why it is really important to do your own research before investing in crypto and beware of FOMO.

Talk about a huge manipulation.
I feel sorry for the ordinary investors who got burnt.
That’s why I only use “Beer money” to invest in Alts

Well, better late than never, I guess. Hopefully after this debacle people will learn to be more suspicious of new meme coins.

Have there been any updates about the investigation?