$ 1 billion explosion

This giant ponzi is called “WoToken” and is reported to be active between July 2018 and October 2019. In the meantime, WoToken collected over $ 1 billion of crypto money from investors during this time, according to the numbers in the first court of the case.

700 thousand people defrauded

The tricks on WoToken are as scary as on Plus Token. It is known that a total of 715 thousand users are registered in the system. 46 thousand BTC, 2 million 39 thousand ETH, 292 thousand LTC, 56 thousand BCH and 684 thousand EOS were obtained from these users. According to the costs that the police imprison the gang, the total value of these cryptocurrencies is 7.76 billion yuan, which is $ 1.12 billion. Also, find out that one of the offenders is a person who previously played a critical role in Plus Token.

No information on whether cryptocurrencies are sold

The biggest phobia after these scams is whether they will sell the crypto money they have acquired to the market. As a matter of fact, in the Plus Token case, some gang members that have not yet been kept allegedly sell Bitcoins and Ethers and put pressure on sales. Now, he is being inspired by a spouse with WoToken.

*Investors are interested in this type of trap, seen in Plus Token and WoToken with a high earning valley. For this reason, a random project or platform should be approached with suspicion, which offers guaranteed returns and makes too many commitments.