$3 Million Stolen in 'Squid Game' Crypto Token Scam; How Can Investors Avoid Similar Schemes?

Описание: Crypto investors who got in on a 'Squid Game'-inspired coin were shocked when the asset turned out to be part of a scam. The people involved made off with close to $3 million after the Netflix-inspired coin's valuation went from $0.01 to $3,000 and back down to $0 within several days.

CoinDesk anchor Christine Lee joined Cheddar News' 'Closing Bell' to discuss the pump-and-dump scheme, how investors can be on the lookout for similar scams, and what crypto platform Binance is doing to investigate the incident.

Subscribe to Cheddar Now on YouTube: https://chdr.tv/NowYT

Subscribe to Need2Know in your favorite podcast app. https://chdr.tv/8gas