NVDA Q3 Earnings Alert: Why our AI stock picker is still holding Nvidia stockRead More

Plus Token Ponzi Took 10M Ethereum (ETH), Possibly Sold

Published 08/26/2019, 03:29 AM
Updated 08/26/2019, 04:41 AM
© Reuters.   Plus Token Ponzi Took 10M Ethereum (ETH), Possibly Sold
ETH/USD
-

Plus Token may turn out to be the biggest pyramid in the crypto world, even outpacing BitConnect, DavorCoin and other schemes. Recent analysis by Elementus reveal the team may have collected nearly 10 million Ethereum (ETH), with most of the assets leaving the wallets.

At this point, the map of addresses points to Huobi as the biggest recipient of Plus Token transfers - although Elementus does not establish whether the funds were sold or distributed as payouts. Analysts have a hypothesis that the transfers can be partial payouts, but also moving funds between ...

This article appeared first on Cryptovest

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.