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TopicSquid Game crypto plunges to $0 after scammers steal millions of dollars
berlyman101
11/02/21 8:38:28 AM
#31:


Hexenherz posted...
Question though - investor buys SQUID, where does that cash go? Like how was there "$2 million" worth of this stuff? Was it just backed by the bank account that was collecting money from investors?

I'm not hip on crypto but if they sold all their coins and flooded the market and there were no buyers left by the end of it, everyone realizes it's worth nothing as the value rapidly decreases and those who did not sell in time recoup little or no money. this is what's known as being left "holding the bag."

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