Following the collapse of PlatinWorld in November, owner Alex Reinhardt has rebooted the Ponzi scheme with a “new” PLCU token.

PlatinWorld’s new PLCU token appears to be a fork of the original. Reinhardt abandoned the original PLCU as the Ponzi dump effect took full swing in Q4 2022.

Mimicking the collapsed Terra/Luna Ponzi collapse in May 2022, the original PLCU Ponzi token has been renamed “PLCU Classic”.

The PLCU reboot token was announced in late December.

Last week, swapping PLCU Classic to PLCU was launched, and this is one of the most strategically important updates.

Coin swapping is not just a decision made by our technical team; it is a strategic move that will make the main coin in the PLC Ultima ecosystem (PLCU) even more powerful due to its limited supply on the crypto market and its unique ability to become the main means of payment.

As you can see, hopes for “number go up” are the same as the original PLCU. New investment is required to pump PLCU V2, which is unlikely given PlatinWorld is now full of victim bagholders.

Nonetheless, in a December 31st “New Year’s Message” update, Reinhardt touted PLCU V2 hitting $100,000.

Reinhardt claims he will achieve $100,000 by preventing PLCU V2 bagholders from selling for five years.

Reinhardt, believed to be a German national, fled to Dubai in 2021.

Pending the collapse of PlatinWorld’s PLCU V2 Ponzi scheme, we’ll keep you updated.


Update 9th November 2023 – PlatinWorld’s PLCU V2 Ponzi scheme collapsed shortly after launch.

Alex Reinhardt is now trying to reboot the Ponzi scheme yet again, this time as Ultima.