PlusToken’s core members have been arrested in China, and the scheme has been completely demobilized, says a report from Cailian News. The report claims over 100 people were arrested by China’s Ministry of Public Security earlier today.
The End of PlusToken?A report from Chinese media outlet Cailian News claims the Ministry of Public Security has arrested 27 criminal suspects and 82 key members of the infamous PlusToken scam.
The scam involved 2 million participants and stole over $2 billion in cryptocurrencies, making it one the largest Ponzi schemes the crypto industry has seen.
FINALLY
27 core PlusToken team members are all arrested by Chinese police, the biggest crypto scam in the history so far, $3B worth of crypto is scammed
Bulls now have little to no baggage
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