Sunday Market is boring, repeating last season's story for you guys to read. 👇
In late 2018 - early 2019, there was a project that emerged, Wallet Plus Token, an electronic wallet platform on the phone, allowing users to store 8 popular coins: #Bitcoin, #Ethereum, Bitcoin Cash,#Litecoin, #XRP,#Dogecoin,#Dashcoin and#PlusCoin(wallet token). Works like other wallets at that time
*If you only have a wallet, there's nothing. Plus helps you deposit money to earn more profit in many ways:
1. This type of wallet also allows investors to receive interest from 6% to 18% per month by depositing one of the above 8 coins into the Plus Token wallet and using the "AI DOG" feature to activate investment and receive profit, with the promise of using AI to trade based on the difference in value of coins on exchanges (Arbitrage Trading) to create profits, and thereby share profits with participants. Promising interest rates from 0.3% to 0.6%/day, paid in Plus Dong.
2. Plus Token also creates additional conditions for users to increase income through affiliate marketing (Affiliate), by introducing new people to invest in the Plus Token wallet, traders will receive a commission from the system . Receive 100% of F1's income and Receive 10% from F2 -> F10
3. Open many large seminars with the participation of many self-proclaimed experts from Korea, China,...
*At this time, few people have recognized Plus's multi-level ponzi scheme, but the attractive profits, bright promises, plus the fact that Plus's token price is hundreds of times higher make all mistakes obscure. Weaknesses such as the product looks very dull, the white paper does not exist, the dev hides his face, cannot prove the technology... Investors, when they see profits, they believe everything with the thought of withdrawing first and leaving others behind. With game money, don't be afraid...
=> Whatever comes must come. From mid-June to early July, Plus Wallet reported delays and stopped depositing and withdrawing because of a hacker attack. By the beginning of July-August 2019, it was officially revealed to be bankrupt. Chinese police arrested 6 related suspects (but could not arrest the project owner). The amount of money lost related to this case is nearly 3 billion USD and has been pushed to large exchanges like Binance to disperse.
*Plus Token is listed on the "golden board" along with Bitconnect, BitClub and OneCoin, and is the most victimized in Asia.
So, those investing in this risky market, please learn how to manage capital and avoid ponzi projects. Keep the money first before thinking about making a lot of money!
The upcoming uptrend is when many Ponzi projects will flourish. Please read to keep your money!