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Squid Game cryptocurrency collapses in apparent scam

Squid token’s website and social accounts disappear after price jumped more than 310,000% in value and then crashed

The value of a cryptocurrency inspired by the popular Netflix series Squid Game collapsed on Monday less than two weeks after investors could start buying tokens.

After jumping more than 310,000% in value as of Sunday night, Squid lost all its value after Twitter flagged the cryptocurrency’s account and temporarily restricted it due to “suspicious activity”.

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Originally posted in the guardian.