Rug Pull

Projects that took the money and left. What happened, how it was done, and which signals were visible before it went wrong.

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Across the rings

After the Hype 1

An illustration in Squid Game colours: a pink-suited guard siphons fluid out of a coin machine into a tray, while a hopper of tokens pours down beside it under a red alarm light.

What Remains

Almost Five Years After $SQUID: The Fake Game Token Crypto Still Remembers

The unauthorised Squid Game token did not spread because its warnings were hidden. It spread because a famous name and a one-way market made them secondary.

$SQUID

AFTER THE HYPE · AUG 28 · 11 MIN