Opinion

A huge crypto scam, housing losses, Pfizer & IPOs

Brian Gaynor
Sat, 06 Nov 2021

A huge crypto scam, housing losses, Pfizer & IPOs
Squid was a pump-and-dump scheme according to Binance. (Image: Getty)
Brian Gaynor
Sat, 06 Nov 2021
It has been another frantic week on financial markets with Squid Game crypto tokens soaring more than 70,000%, a residential property trader throwing in the towel after experiencing huge losses, another great Pfizer result, and Allbirds and Vulcan Steel following Rocket Lab and listing on overseas markets.Meanwhile, the NZX has been relatively subdued.Squid Game crypto coinsThe Squid Game (Squid) coin, which had a pre-market launch on Oct 20, is based on Netflix’s Korean language show ‘Squid Game’ about a deadly tournament of...

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