Is Squid Game a scam?

Asked about Squid Game (SQUID), market cap rank #7485.

Short answer

Squid Game (SQUID) has been scored on isthiscoinascam.com and has a moderate score — some risk signals were raised but no critical concerns.

Source: isthiscoinascam.com · Updated 2026-05-09

Red flags raised

  • Team is anonymous
  • Not listed on any high-trust exchange
  • Public scam allegations have been raised
  • Very low on-chain liquidity

Positive signals

  • At least one third-party smart contract audit is discoverable in search results for a Squid Game instance (Cyberscope).
  • A “V2” whitepaper PDF is discoverable.

Security audits

2 audits on record.

  • Cyberscope — unknown
  • — unknown

Team transparency

The Squid Game team is anonymous — public identities are not on record.

See the full report

Full report for Squid Game — including the exact score, rating letter and full breakdown — requires a registered account.

Open the full Squid Game report →

Related questions