Chinese Government Moves 15,700 ETH Linked to PlusToken Ponzi Scheme, Raising Liquidation Concerns
A recent revelation by a crypto researcher has sent shockwaves through the cryptocurrency market, as it was reported that the Chinese government has transferred 15,700 ETH associated with the infamous PlusToken Ponzi scheme from its wallets. Of this amount, approximately 7,000 ETH—valued at around $16 million—was moved to wallets linked to major cryptocurrency exchanges, leading … Read more