Project

PlusToken

Chinese-origin cryptocurrency Ponzi scheme operating from 2018-2019 across China, Korea and Southeast Asia. Estimated proceeds of $2-3B; founders arrested in 2019. Chinese authorities seized large BTC quantities later sold into open markets.

Records: 1
Cumulative losses: $2.50B

Records featuring PlusToken

attacker·June 30, 2019resolved
PlusToken Ponzi — June 2019
A Chinese-origin Ponzi scheme that operated across China, Korea and Southeast Asia raised an estimated $2-3 billion in crypto before its founders were arrested in 2019. Subsequent Chinese government sales of seized BTC weighed on markets through 2020.
$2.50B affected

Records featuring PlusToken

PlusToken Ponzi — June 2019