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Tag: Plustoken

Shocking Revival of the PlusToken Scheme? $2 Billion Ethereum on the Move

Shocking Revival of the PlusToken Scheme? $2 Billion Ethereum on the Move

The sudden resurgence of long-dormant ethereum wallets, following a period of inactivity extending over three years, has swiftly captured the cryptocurrency community's attention This intriguing development involves the transfer of a prodigious sum of 789,533 ETH, approximately valued at $2 billion These transactions have been traced back to wallets associated with the notorious PlusToken Ponzi scheme, reigniting conversations around the impact of this fraudulent operation on the crypto ecosystem ethereum's Unexpected Movements: Uncovering Historical Context The origin of these ethereum holdings can be traced to the PlusToken scheme, a fraudulent investment platform that orchestrated one of the largest financial scams in the cryptocurrency world In 2020, during a comprehensive crackdown, Chinese authorities apprehended the scheme's operators and seized a massive amount of cryptocurrencies, including ethereum, which were subsequently distributed across thousands of wallets...

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