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Crypto Scams that Rocked Asia to the Core, Part 2: PlusToken
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Asia has been through more than its fair share of nasty crypto scam dramas, from the Mt. Gox scandal right through to 2021 and its plethora of AI-powered fraudsters.
In part 2 of a three-part series, Cryptonews.com looks at just a few of the continent’s most infamous instances of crypto fraud. (Here's part 1.)
2018 was a golden year for crypto scammers in Asia. And few could hope to eclipse the scale of PlusToken, ostensibly a token wallet with benefits. It was launched by a group of individuals spearheaded by Chen Bo in the early months of the year. The idea was, a little like BitConnect, you put your bitcoin (BTC) in the Plus wallet and watch it grow – with huge monthly payments.
The twist here, however, was that you could also deposit
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