PlusToken’s Ponzi scheme was finally taken down by the Chinese authorities after the Ministry of Public Security arrested over 27 suspects associated with the system. Chinese Authorities Arrest 109 Suspects The crypto industry started off with just one asset and went on to add thousands of others. As the rate of adoption and the value
Whale Alert of over 789,534 ETH moved from PlusToken scam shakes the bullish sentiments, as prices drop to $235. Bitcoin also drops to test lows at $929x as the confidence shakes in the market. WhalePanda, crypto investor and analyst tweeted, Almost 790k $ETH of the Plustoken ponzi are on the move. (roughly $188 million) ?
Bitcoin (BTC) is under immense sell pressure. In the last trading day, BTC holders are definitely feeling the pinch and most are already panic selling. But there could be many reasons for holding than panic selling. PlusToken Bitcoin Liquidation First, the crypto scene is littered with talk that Bitcoin is dragging the market down with
This morning ETH from one of the biggest crypto scams was moved to a new address. The Chinese Ponzi scam, PlusToken, was able to secure huge sums of money from gullible investors. The scam’s total value is about $3 billion. Essentially, via the transactions, the scammers essentially moved all the Ethereum from one to address to another.
There are plenty of reasons why people get into the cryptocurrency space. Those with a technical understanding of ASICs or FPGAs become miners, lured in by the prospect of making free cryptos. Some join to speculate actively on various types of digital assets, trading long or short term in an attempt to turn a profit.
Recently, about 94,505 BTC, an equivalent of more than $1 billion was transferred from fifteen BTC wallets to a single receiving address. This transfer makes the receiving address the richest non-exchange BTC wallet till date. There have been speculations as to where the flood of BTC originated from and why such a large transaction took
The recent revelation on the movement of Bitcoin from PlusToken’s account has received confirmation from the blockchain analysis of Bitcoin. Pickshield inc., a blockchain security company that also provides research on existing projects reported that more than 5000 BTC was moved from associated PlusTokens account. Dovey Wan Brings Attention to PlusToken Accounts on Twitter Dovey