RATE Group | PlusToken scam continues to affect Ethereum and Bitcoin performance
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PlusToken scam continues to affect Ethereum and Bitcoin performance

12 Dec PlusToken scam continues to affect Ethereum and Bitcoin performance

Posted at 15:06h in Ethereum News by

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  • PlusToken’s Ponzi scam continues to influence the price performance of Ethereum and Bitcoin.
  • The scam funds have entered the ETH richlist.

As CNF reported, the PlusToken scam occurred mid-year. Users of the PlusToken wallet reported irregularities in their transactions. It was later confirmed that the users’ funds were withdrawn without their consent. Users have started using the wallet attracted by the alleged benefit of receiving 6% to 18% return on their investment per month.

It is estimated that the perpetrators fled with more than 3 billion dollars in cryptocurrencies such as Ethereum and Bitcoin. Although some of PlusToken’s members were arrested, it is suspected that others remain free with an active participation in the trade of stolen funds.

Did the PlusToken scam influence the cryptocurrency market?

Facts are showing that the PlusToken’s Ponzi scam has had a direct influence on price of BTC, ETH and the…

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