Chinese Authority Confiscates Nearly 1% of Bitcoin’s Supply from Scammers

In a Ponzi scheme named PlusToken, the Chinese Police have taken custody of assets worth more than $4.2 billion in its custody. The crypto assets include Bitcoin, Ethereum, XRP, USDT, LTC, DOGE, EOS, BCH, and DASH. According to the latest reports about PlusToken’s case, the Chinese authorities have…

By Hassan Mehmood · Updated Nov 27, 2020