Is PlusToken Preparing to Dump Millions of EOS?

Over the previous couple of months, there have actually been sufficient issues regarding the PlusToken Ponzi scheme. It now appears that the people behind this project are cashing out their EOS tokens.

For a while now, PlusToken has actually been making headings.

Another PlusToken Plot Twist

Unfortunately, it appears as if this group isnt done discarding their holdings just yet.

Where the EOS funds have actually been sent to, stays uncertain at this time.

With over $3 billion in cryptocurrency under management, fears of a major market sell-off seemed warranted.

For the time being, there hasnt been any negative influence on the EOS value right now.

Whether that will change in the near future, is an ongoing dispute.

That being stated, there is still no indication that any user properties have actually successfully been disposed on the marketplace.

If all tokens are to be dumped on the marketplace, it will paralyze EOS rate for a little while.

Roughly 26 million EOS tokens have actually been withdrawn from a wallet associated with this task.

In theory, this will avoid scammers from cashing out any illicit profits.

Many of the comments verify that this job being a Ponzi plan, although that was never ever fully proven.

The majority of accounts related to PlusToken needs to be blacklisted throughout exchanges.