Primy Ventures founder Dovey Wan (Wan Hui) called for attention to the Bitcoin Ponzi scheme of PlusToken, which led to the massive sell-off of Bitcoin. On June 29th, the PlusToken wallet was exposed and the cryptocurrency assets invested by many investors could not be withdrawn. The fund pool of PlusToken wallet is more than 20 billion RMB, which is the largest running fund in the currency circle.
PlusToken was created around June 2018 and promises to provide a high-yield return on investment to its four members with different rebate percentages. At the beginning of 2019, PlusToken claimed to have more than 10 million members.
Wan Hui provided data on the tracking of these wallet addresses. Although some suspects have been captured, the cryptocurrency cannot be rolled back. Some members holding the keys have not been captured, so the wallet cannot be unlocked.
According to reports, an unknown address has recently dumped Bitcoin to the Currency Exchange, which has reached 100, and Wan suspects that it is related to the plan.
In the key address of PeckShield lock monitoring PlusToken running assets, 5,775 bitcoins were scattered and transferred to several addresses, each of which stored 50-150 bitcoins. On the morning of August 14, this part of the funds was further divided into small amounts of around 10 bitcoins.
PeckShield security analysts believe that PlusToken is trying to escape asset tracking by "distributed address, small transfer".