Plus Token Ponzi collapses, Chinese media report $2.9 billion in losses

Following complaints of withdrawal delays beginning June 27th, Chinese media are reporting the Plus Token Ponzi scheme has officially collapsed. On June 29th a report came across my desk detailing the arrest of Chinese nationals in Vanuatu. Authorities in Vanuatu have arrested six Chinese nationals following complaints from authorities in China that they were operating … Continue reading Plus Token Ponzi collapses, Chinese media report $2.9 billion in losses