An investigative journalist and tech expert have uncovered the masterminds behind the SQUID token scam, which used the name of a popular Netflix show to lure in investors and steal $16 million.

Janhoi McGregor and Ciaran O’Connor began their investigation by using a video of the scam, which was watermarked with the name of one of the suspects.

Through the use of a domain name company and an alleged legal firm that promised to sue the scammers but ultimately took victims’ money, the team was able to track down the identity of the scammer.

Further investigation revealed that the suspect was located in Hong Kong, and that the technology company they had established in South China had been dissolved shortly after the investigation began.

Although the team was not able to confront the scammer in person, they were able to gather enough evidence to identify them. However, McGregor expressed concern for his safety.