@anou91
PlusToken Scam
The PlusToken scam was based on a classic pyramid scheme structure:
🔵 Investor Attraction: Via the PlusToken mobile app, investors were promised high returns of up to 10-30% per month, allegedly generated by “smart” crypto trading algorithms.
🔵 Referral program: Investors could increase their profits by recruiting new participants, thus accelerating the growth of the pyramid.
🔵 Ponzi Scheme: Returns for old investors were paid with deposits from new investors.
🔵 Collapse: In June 2019, the project collapsed and over $2 billion was stolen.
CryptoFam
#PlusToken 🪙
#KeepPhavering 🦄
#vivelaFrance 🇫🇷
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