The USD 4.2bn Question: Has China ‘Dumped’ PlusToken Bitcoin, Ethereum & Co?


Source: pakdigitalmidia.com pakdigitalmidia.com

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Share Source: Adobe/Александр Коликов Crypto community members are wondering what has become of a huge stash of crypto worth a combined USD 4.2bn seized by the Chinese authorities who closed down the PlusToken crypto scam earlier this year – with some asking if the funds were already “dumped” onto the market months ago, and others suggesting the state may still be holding onto the funds. Per a court report issued yesterday and posted online by The Block, the authorities claimed they had seized the following from seven of the scam’s masterminds in their raids: The court explained that it intended...