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Binance to track scammers behind Squid Game token that fell 99 | Crypto Gold News ✪

Binance to track scammers behind Squid Game token that fell 99%

Binance is reportedly exploring new options to trace the scammers. The company’s spokesperson stated that they are “blacklisting addresses affiliated with the developers and is deploying blockchain analytics to identify the scammers”

The exchange will also hand out relevant information found to the authorities to assist them further in the investigation. It is to be noted that the play-to-earn SQUID token was built on Binance Smart Chain, however, the exchange has revealed that the protocol is an open-source ecosystem and so the company does not have supervision over projects built on the network.

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