The Chinese PlusToken scam may have influenced Bitcoin’s price, Chainalysis hypothesizes in a blog post. Though it’s unlikely to be the main factor, movements of stolen funds correlate very well with market downturns. What is PlusToken? PlusToken was a classic Ponzi scheme similar to BitConnect or countless others. The founders promised monthly returns from 9 […]The post Was Bitcoin Brought Down by a Chinese Ponzi Scheme? appeared first on Crypto Briefing.
