Tag: PlusToken

Alleged Chinese Ponzi Scheme PlusToken has Collapsed

Cryptocurrency scams and pyramid schemes will always be present. One Chinese project, called PlusToken, is currently generating a lot of attention. It seems this project raised roughly $2bn worth of Bitcoin and has now begun liquidating it. While the evidence is still circumstantial, it would explain the current bearish market trend.  The PlusToken “Ponzi Scheme” It is still a bit early to definitely claim PlusToken is a Ponzi or pyramid …
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