Most Crypto Scams on BNB Chain, Solidus Labs Says

“While some of the big rug pulls and scams make the news, like the famous Squid Games Token that’s estimated to have cost users around $3 million in lost funds, the full picture stemming from our data shows the vast majority of these scams go unnoticed,” Solidus Vice President of Regulatory Affairs Kathy Kraninger said in a statement. Before joining Solidus, Kraninger ran the U.S. Consumer Financial Protection Bureau.