Squid Game Token

Known Scam

Cryptocurrency Rug Pull · First reported 2021

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85,000

Victims reported

4,100

Warnings filed

Recovery rate

£50,000

Max loss logged

About this scam

The Squid Game Token (SQUID) was a cryptocurrency launched in October 2021 that exploited the popularity of the Netflix series Squid Game. The token surged in value by over 83,000% in its first days before the developers executed a rug pull, draining approximately $3.38 million from the liquidity pool. The smart contract contained a hidden "anti-whale" mechanism that prevented holders from selling, effectively trapping victims' funds while developers sold their tokens at the peak.

Scam tactics used

TV show name exploitationSmart contract sell restrictionsHoneypot token mechanicsFake audit badgesAnonymous development teamHype-driven marketing

Operating jurisdictions

Global

How we can help with Squid Game Token

Cryptocurrency Fund RecoveryEnd-to-end recovery of cryptocurrency lost to scams, theft and fraudulent platforms - from tracing your funds on-chain to freezing them at exchanges and pursuing legal recovery or settlement.Blockchain ForensicsAdvanced blockchain analysis to trace cryptocurrency transactions, identify fraudsters, and build court-ready evidence across multiple chains.Legal RecoveryInternational legal action against fraudsters through civil litigation, criminal proceedings, and asset freezing orders across 30+ jurisdictions.

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What to do about Squid Game Token

01Contact us first. Get a free fund-recovery assessment from our investigators. We investigate Squid Game Token and set out the practical steps to pursue your money.
02Share your evidence. Send us what you have - payments, screenshots and correspondence - and we organise it into a clear case file.
03Your bank. We help you pursue a recall or chargeback on the affected transfers.
04Regulators and authorities. Where it strengthens your case, we prepare and file the necessary reports with bodies such as the FCA and Action Fraud on your behalf.