PlusToken company
Overview
PlusToken was a cryptocurrency wallet and investment platform that operated as a large-scale Ponzi scheme and multi-level marketing fraud. It promised users high returns for depositing crypto assets and recruiting new members, but collapsed in 2019 when withdrawals were halted. Authorities in multiple countries arrested key operators and seized assets, revealing the platform had no legitimate investment strategy.
Relations
No connections recorded for this entity in the DeFi Intel knowledge graph yet.
Frequently asked questions
What was PlusToken?
PlusToken was a cryptocurrency wallet and investment platform that operated as a large-scale Ponzi scheme and multi-level marketing fraud.
How did PlusToken promise returns?
PlusToken promised users high returns for depositing crypto assets and recruiting new members.
What happened to PlusToken in 2019?
PlusToken collapsed in 2019 when withdrawals were halted, and authorities in multiple countries arrested key operators and seized assets.