##China arrests 109 members of Bitcoin’s biggest Ponzi scheme

##China arrests 109 members of Bitcoin’s biggest Ponzi scheme: Free Cryptocurrency Signals mobile app -

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Authorities in China arrested the alleged architects behind the PlusToken project, bringing an end to the biggest Bitcoin scheme in history.


In brief

Authorities made 109 arrests in connection with the PlusToken scheme today.

27 alleged individuals were operating from overseas.

The arrests put a stop to one of the largest Ponzi Schemes in the crypto industry


Local authorities in China made 109 arrests today in connection with the notorious PlusToken Bitcoin project, according to local news outlet Cailian News.Of the arrested, 27 members were allegedly part of the project’s so-called “core” team and had fled overseas. The other 82 were reportedly “key” members. Together, they operated the racket both in China and abroad, said authorities.




The arrests bring an end to what was one of the biggest Ponzi Schemes in the cryptocurrency industry, one that evaded legal a

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