#USTC #BTC #点个关注↗️不迷路 The “biggest case in the currency circle” has been decided!
The China Judgment Documents Network announced a verdict. The appeal of the “PlusToken” case, the world’s largest cryptocurrency scam, was dismissed and the first-instance judgment was upheld.
PlusToken, a digital currency pyramid scheme under the so-called blockchain banner, has defrauded thousands of people of their hard-earned money, including many foreign investors!
In PlusToken, there are more than 2 million domestic participants, as well as 1 million people from Japan, South Korea, Germany, the United Kingdom and other countries, with a total loss of up to 50 billion! This MLM network has 3293 layers, and the scale is staggering!
The judgment clearly stated: The police will handle the seized 320,000 Bitcoins, 9.2 million Ethereums and other digital currencies in accordance with the law, and all proceeds will be confiscated and turned over to the national treasury. In other words, all the money invested in "PlusToken" will be wasted, and you will not be able to get back a penny.
You may ask: MLM has been rampant in China for decades, and the tricks have long been known. So what’s so special about PlusToken? It’s nothing more than using the name of “blockchain” to dress itself up as a high-return , high-tech global companies, in fact, the founders themselves don’t even know what blockchain is.
In fact, there is nothing clever about them, they are just good at taking advantage of investors' greed, ignorance and gullibility.
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