Altcoins Talks - Cryptocurrency Forum

Cryptocurrency Ecosystem => Other Popular Cryptos / Coins => EOS Forum => Topic started by: Tnoy30 on June 23, 2020, 02:40:52 AM

Title: PlusToken Moves $67 Million to Unknown Wallet, Signalling a Potential EOS Dump
Post by: Tnoy30 on June 23, 2020, 02:40:52 AM

We only need to look to recent history for what this transaction means.
A wallet associated with alleged crypto Ponzi scheme PlusToken has moved 26,316,339 EOS tokens (worth over $67 million as of press time) to an anonymous crypto wallet created less than 24 hours ago. The transaction was spotted by tracking service Whale Alert earlier today.

PlusToken is believed to be one of the largest scams in the cryptocurrency history, as it reportedly held almost $3 billion worth of assets including Bitcoin (BTC), Ethereum (ETH) and EOS when it went bust in June last year.
Read on: https://cointelegraph.com/news/plustoken-moves-67-million-to-unknown-wallet-signalling-a-potential-eos-dump

Title: Re: PlusToken Moves $67 Million to Unknown Wallet, Signalling a Potential EOS Dump
Post by: jonathancool220 on November 28, 2020, 02:42:51 PM

It is very cruel for PlusToken because that is what I think is another investor's money and it is very unfortunate that it is easily transferred for nothing.
Then indeed this will affect the price of EOS because EOS in that position becomes a part of the Ponzi coin, where the EOS receiver can sell it quickly on the market with USDT pairs so that it can become a stable coin.