$ETH #ETH 📉
HUGE VOLATILITY 🚨
$450M PLUSTOKEN FUNDS MOVED ‼️
#Plustoken wallets have been connected with dozens of wallets moving $464.7M of ETH in only the past 12 hours.
⏭️ Plustoken was a 2018-19 Ponzi Scheme that scammed investors worldwide for between $2B and $2.9B in cryptocurrency. 789.5K ETH ($191.9M) was moved from a Plustoken wallet and distributed through hundreds of intermediary wallets in June 2020.
The ETH moved from Plustoken wallets in mid-2020 is worth $1.9B at today’s prices.
NOW, The remaining funds remained dormant for the next three years, until they began moving again earlier this week
During a 12-hour time period on Wednesday, 196K ETH ($465M) in wallets connected to PlusToken was moved to new wallets
This post only concerns #Ethereum not #Bitcoin
Via: arkham
