Chinese Ponzi Scheme Worth BIllions Could Be Causing Bitcoin Selloff

Chinese Ponzi Scheme Worth BIllions Could Be Causing Bitcoin Selloff

  • The 70,000 BTC PlusToken ponzi scheme, worth $3 billion, appears to be impacting bitcoin prices.  
  • Traders are reporting regular 100 BTC sells on Binance and other exchanges dating back to July.

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