WHO ARE THE OWNERS OF HOW PLUSTOKEN WORKS?

Cryptocurrency wallet service Plustoken allegedly took $ 3 billion of its customers ' cryptocurrencies and went missing.
Customers of cryptocurrency wallet service Plustoken allegedly disappeared with $ 3 billion worth of cryptocurrency, 8btc reported. If the claim is true, it will go down in history as one of the biggest scams in the cryptocurrency field.

PlusToken users State on various social media accounts that they have been unable to withdraw their cryptocurrencies from their plustoken wallet since June 27. In addition, the platform's token Pluscoin (PLUS) has held steady at$139,237 since the night of June 29.

For all these reasons, investors now suspect that the PlusToken team has escaped with their own money, and to them that money is about 20 billion Chinese yuan, i.e. $ 3 billion. Of course, they say it could be a lot more. Those who kept their cryptocurrencies in this wallet were promised 6-18% profit per month.

Launched in 2018, PlusToken Wallet had promoted itself as a decentralized and international cryptocurrency project backed by a South Korean team. On PlusToken wallet's website, which focuses mostly on Asian countries such as China, Japan, Russia, Vietnam, and a few European countries such as Germany and Britain, Mr. There's very little information about Leo. This site also says that the wallet was developed at an R & D laboratory in Seoul, South Korea, but other information reveals that it was actually developed by a Chinese company in Jiaxing, China.

It is unclear who owns or is run by whom, the company announced earlier this year that they are aiming to reach 10 million users in 2019, and at the beginning of June they also announced that they had reached 3 million users.

The Chinese police, which launched an investigation into this issue in March, have arrested some people related to Plustoken, and Chen Bo, The company's president in China, has also been added to The Wanted list.

Exactly 3 months later, on June 29, the Vanuatu police, who reported internet fraud on the Pacific island, arrested Chen Bo along with 5 Chinese. The 6 people are thought to be key members of Plustoken's founding team, although authorities have not given much information about the incident.

Also earlier this month, a similar Chinese cryptocurrency wallet service, TokenStore, disappeared from view, taking the cryptocurrency deposits of more than 2,100 of its users.