If you want to appreciate the complexity of the cryptocurrency world, just take a look at the shocking extent of the scams within it.
Even though we have entered 2025, when mentioning the fraud incidents in the cryptocurrency space, Plus Token still immediately comes to mind.
The surge in the cryptocurrency market in 2021 led to the significant growth in the value of the 14.8 billion digital currency assets that were surrendered to the national treasury after the second trial last November, especially the 320,000 Bitcoins, whose value has skyrocketed to about 93.4 billion!
In addition, don't forget, besides Bitcoin, there were also 9.2 million ETH, 11 billion DOGE, over 110,000 Bitcoin Cash (BCH), nearly 1.85 million LTC, over 900 million XRP, and some lesser-known coins like Sushiswap and Dash that were also seized at that time.
Even more shocking is that even after the Plus Token scam was exposed on June 28, 2019, and those involved were arrested, a large amount of digital currency continued to flow into the wallet addresses of the platform, including nearly 10,000 Bitcoins, 83,000 Ethereum, over 20,000 Litecoin, 8.76 million Ripple, and 35 million Dogecoin, among others.
This series of numbers is simply unbelievable.
Although these confiscated cryptocurrencies have been contracted to relevant companies for liquidation, with the proceeds intended as the restitution for the suspects, this matter seemed to have settled.
However, the classic nature of the Plus Token case will certainly make it hard to erase from people's memories for a long time to come.
Wishing all the investors can get back on track soon, may everything go smoothly, may you all make a fortune, and may you earn the ideal numbers in your heart!
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