wotoken-567WOTOKENWOTOKEN, involved in a cryptocurrency pyramid selling case involving more than 7.7 billion yuan, has opened court and completed the trail in public and at Binhai County People's Court in Yancheng City, in which six major defendants were tried separately for organizing and leading pyramid selling activity; covering up and concealing income; harboring. The scheme involves a number of cryptocurrencies, collectively worth about 7.7 billion yuan ($1.15 billion), according to blockchain data. They included 46,050 BTC, 286 million USDT, 2 million ETH, 292,590 LTC, 56,900 BCH, and 6,841,797 EOS.

Detail Analysis

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WOTOKEN

Submit Incident Report

Date:

Status:

Count:

Contributor:

October 8, 2019

Verified

zerofriction.io

Loss Amount:

1,109,800,000

Recovered Amount:

Currency:

Dollars, BTC, USDT, ETH, LTC, BCH, EOS

KYC By:

Audit By:

None

Website:

No data

Twitter:

No data

Discord:

No data

Telegram:

No data

Medium:

No data

Github:

No data

Key Indicators

Platform:

Type:

Category:

Method:

Investment

Scams

Extended Method:

Ponzi scheme

Data Sources:

https://news.bitcoin.com/billion-crypto-ponzi-wotoken-prison-china/

WOTOKEN, involved in a cryptocurrency pyramid selling case involving more than 7.7 billion yuan, has opened court and completed the trail in public and at Binhai County People's Court in Yancheng City, in which six major defendants were tried separately for organizing and leading pyramid selling activity; covering up and concealing income; harboring. The scheme involves a number of cryptocurrencies, collectively worth about 7.7 billion yuan ($1.15 billion), according to blockchain data. They included 46,050 BTC, 286 million USDT, 2 million ETH, 292,590 LTC, 56,900 BCH, and 6,841,797 EOS.

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