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$188 Million PlusToken Moves Its ETH Stash for the First Time Since December


$188 Million PlusToken Moves Its ETH Stash for the First Time Since December

The alleged Chinese cryptocurrency Ponzi scheme PlusToken has moved its entire Ethereum stash of nearly 790,000 ETH, at press time worth roughly $188 million, for the first time since December 2019. The funds were moved in two transactions in movements that appear to be similar to those made in December of last year, as PlusToken has moved the entirety of its funds in the transactions. According to Etherscan data, those behind PlusToken are now seemingly looking to split the funds into hundreds of different wallets, presumably to throw off blockchain sleuths tracking the funds. The address the 789,000 ETH ended up on now has dozens of unconfirmed transactions of little over 100 ETH each. Some, however, have close to 9,000 ETH being sent. Read More...