The story of the Squid cryptocurrency scam has once again drawn attention to the issue of so-called “meme” cryptocurrencies. What are they – a malevolent outgrowth compromising the entire cryptocurrency industry or an incomprehensible phenomenon at the intersection of technology and sociology that deserves to be studied? Feels like 25-30% of all news on cryptocurrency…
Seems like the numerous cryptocurrency scams have not taught anyone a thing. Moreover, people are falling victim to increasingly more primitive schemes – the criminals don’t even need to invent anything. We decided to figure out what can be learned from the collapse of the Squid token launched in the wake of the Squid Game…