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Plus Token investment exit scam stole $3 billion from victims

  • An exit scam targeted Chinese and Korean investors, stealing over $3 billion.
  • The ponzi scheme promised high yield returns of some 9-18% monthly.
Plus Token investment exit scam stole $3 billion from victims
Ken ChigboKen ChigboIndependent Analyst

Plus Token an exit scam has reportedly stolen over $3 billion dollars in crypto; Bitcoin, Ethereum, EOS and others. 

Plus token had a significant following in Korea and China, it seen as a high yield investment program which was offering large rewards on investment to its victims in China and Korea.

The scheme advertised that it would provide 9% to 18% monthly returns on investment – with larger investments getting more rewards.

Author

Ken Chigbo

Ken Chigbo

Independent Analyst

Ken has over 8 years exposure to the financial markets. He started his career as an analyst, covering a variety of asset classes; forex, fixed income, commodities and equities.

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