China is planning to sell confiscated cryptocurrencies worth $4.2 billion in its crackdown against the PlusToken pyriamid scheme.
Chinese authorities have prosecuted 6 members of the PlusToken ponzi scheme. The alleged scam ran for over a year and pocketed $5.8 billion.
Chinese police have arrested all 27 primary suspects behind the massive PlusToken Ponzi scam that swindled $5.7 billion from investors.
A large amount of bitcoins is stolen as the PlusToken scam during the bull market of last weeks. May PlusToken drop bitcoin price temporarily by dumping?
Whale Alert detects 789,525 Ethereum transferred by the South Korea-based PlusToken scam. Is Ethereum price dump is imminent?