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    Home » A crypto wallet PlusToken turned out to be a financial pyramid of $ 3 billion

    A crypto wallet PlusToken turned out to be a financial pyramid of $ 3 billion

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    By BlockchainJournal on July 1, 2019 News
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    The creators of the crypto-wallet PlusToken, by assumptions, disappeared with user funds worth $ 3 billion. To date, this exit scam is the largest among all financial pyramids in China related to cryptocurrency.

    Users of the crypto-wallet PlusToken continue to report on the open spaces of all possible social networks that they can not withdraw their funds from the accounts of the 27th of June. The cost of the native PlustToken token, PlusCoin (PLUS), remains unchanged ($ 139,237) from June 29th. Investors suspect that the creators still hid with their funds, and their overall order of ¥ 20 billion, or $ 3 billion.

    The release of the crypto-wallet PlusToken took place in 2018, the team of its creators who are residents of South Korea, has positioned PlusToken as an international decentralized crypto project. The users of the crypto-wallet were mainly residents of China, Japan, South Korea, Russia, Vietnam, Myanmar, Germany and the United Kingdom.

    According to the data presented on the PlusToken website, among the co-founders there is a certain “Mr. Leo”, about which there is practically no information. Despite statements by representatives of the company about cooperation with Samsung, we managed to find out that in fact the wallet was not developed in Seoul, but in Jiaxing (Zhejiang Province in China).

    Featured PlusCoin PlusToken Report Samsung
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