Translation of the Title: Plustoken Funds Transfer: $464.7 Million in ETH Circulated Within 12 Hours
Publication Time:2024-08-08 03:36:07
Recently, blockchain analytics platform Arkham highlighted an important development regarding the Plustoken affair. Within a short span of 12 hours, it was reported that a Plustoken-linked wallet had moved $464.7 million worth of Ethereum (ETH). This activity has garnered significant interest from within the industry. Known for its notorious Ponzi scheme operation from 2018 to 2019, Plustoken had previously deceived numerous investors around the globe, with estimated losses ranging between $2 billion and $2.9 billion in cryptocurrency. In June 2020, 789,500 ETH (approximately $191.9 million) were transferred from a Plustoken wallet, subsequently distributed through hundreds of intermediary wallets, totaling approximately $1.9 billion at the time. As this new funds transfer event unfolds, the market remains vigilant about Plustoken's potential repercussions.
Cryptocurrency
ethereum (ETH)
PlusToken
Funds Transfer
Pyramid Scheme