Does anyone know that WoToken is the most successful imitation of PlusToken and a notorious Ponzi scheme in the cryptocurrency circle.
From July to August 2018, Wang Xiaoying, who participated in the PlusToken Ponzi scheme, conspired with Gao Yudong, Li Qibing, and others to develop the WoToken platform for online pyramid selling. Gao Yudong was responsible for technical research and platform operation with his company, while Li Qibing and Wang Xiaoying led online and offline promotions. Gao Yudong's wife, Tian Yongbo, assisted in the core tasks of managing digital currencies, exchanging for cash, etc.
The platform disguised itself as a digital currency wallet, falsely claiming to engage in "high-frequency quantitative trading arbitrage" and using "interest on deposits" (monthly returns of 6%-15%) as a gimmick for static returns. It also established a five-tier membership system with levels like āmemberā and āfounder,ā where the more you recharge, the higher your level and the more substantial the returns. At the same time, it relied on recruiting to develop downlines for dynamic income, with more downlines leading to more shares. Additionally, it fabricated false rhetoric about connecting with Japanese medical services and receiving support from Mastercard, even holding overseas press conferences to create the illusion of an international project.
From July 2018 to October 2019, the platform attracted over 715,000 registered users and reached a level of 501 tiers. During this period, it absorbed over 286 million Tether, over 46,000 Bitcoin, and various other digital currencies, totaling over 7.769 billion yuan in value based on the price on the day of the incident. Core members profited immensely, such as Li Qibing illegally earning approximately 23.389 million yuan, while Wang Xiaoying used the embezzled funds to purchase two properties and a Porsche car.
In June 2019, PlusToken collapsed, triggering panic withdrawals among WoToken users, and the existing withdrawal difficulties erupted completely. To buy time, the team launched the WOEx exchange in an attempt to continue attracting funds, repeatedly locking up assets under the pretext of platform maintenance and launching new coins, but the value of their token WOR plummeted close to zero. In October of the same year, Xinyang's economic investigation unit intervened, and later police in multiple locations coordinated to carry out arrests.
After the relevant courts in Yancheng, Jiangsu Province reviewed this case, they ruled on six core suspects involved. Gao Yudong was sentenced to 8 years and 6 months for organizing and leading a pyramid selling activity, with a fine of 2 million yuan; Li Qibing and Wang Xiaoying were each sentenced to 7 years, with a fine of 1.5 million yuan each; other involved persons were sentenced to probation and fixed-term imprisonment for concealing and hiding criminal proceeds. The seized amount of 425 million yuan in illicit funds and its proceeds were confiscated and turned over to the national treasury, and the illegal gains of all members were also legally recovered.
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APRO Is Quietly Becoming Web3ās Most Reliable Data Engine ā And AT Token Is the Fuel Behind It.
Over the last few months, Iāve been following APROās progress closely. At first, it felt like just another oracle provider. But day after day update , APRO started showing what real consistency looks like. And in Web3, consistency is rare enough to be a competitive edge by itself. Today, APRO is no longer a side note it is becoming one of the most important data backbones for RWA, AI, DeFi, and prediction markets. And do you know the most interesting part? Everything APRO is building is powered and aligned through the AT token. The more I explored APRO, the more I realized this project isnāt here to chase hype ā itās here to build infrastructure that Web3 will silently depend on. 40+ Blockchains and it's Keep Growing APRO now integrates across more than 40 blockchains, including BNB Chain, Base, Solana, Aptos, Arbitrum, Plume Network, and several rising ecosystems. This isnāt just a vanity metric. It shows two critical things: 1. 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And this is exactly where the AT token becomes essential ā because validations are one of the many functions strengthened by AT. 106K+ AI Oracle Calls ā APRO Isnāt Selling a Dream, Itās Running the Machine AI + Web3 is the biggest narrative of the cycle, but most projects donāt actually have AI usage ā they just have AI branding. APRO is different. APRO has already crossed: 106,529+ AI Oracle Calls These calls are used by: ⢠Prediction markets ⢠AI trading bots ⢠RWA feeds ⢠Automated DeFi models ⢠On-chain risk engines This shows one thing clearly: AI systems need trusted data, and APRO is supplying it at scale. Every AI call increases network activity⦠And that activity ties back to AT token functions. AT Token ā The Heart of APROās Infrastructure Now the part many people are still unaware of is the AT token isnāt just APROās token , itās the coordination layer for the entire data economy theyāre building. 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The Weekly Updates Show Why APRO + AT Are Scaling Faster Than People Expect The Dec 1ā7 update was yet another reminder of how consistently APRO grows: +3 new alliances +2 new data feeds +1 new integration Over 107k total validations Over 106k AI oracle calls Itās not explosive growth, Itās disciplined growth. And projects with disciplined growth always end up outcompeting hype-driven ones. As APRO grows quietly in the background, AT becomes more and more central to the networkās value. AT Token Holders Are Essentially Riding the Entire APRO Growth Curve What Iāve realized after watching APRO for weeks: APRO is building infrastructure. AT is capturing the value of that infrastructure. Most tokens depend on hype to stay relevant. AT depends on usage: More chains ā more feeds More feeds ā more validations More validations ā more AT economic activity More AI oracle calls ā more AT utility More integrations ā more demand for AT Itās a clean, simple, positive feedback loop. My Personal take on @APRO Oracle Its Building the System, AT Is Powering It, and Web3 Is Catching Up Slowly APRO reminds me of every major infrastructure project that grew quietly before exploding into relevance. There are projects that shout every day ā and then there are projects like APRO that simply show progress with numbers, integrations, and real usage. And behind all of it is the AT token, quietly powering the entire machine. If APRO continues scaling at this pace, AT will eventually become one of the most important tokens in the oracle + AI data economy. This is one of those rare projects where I feel the fundamentals are actually clearer than the narrative. APRO is building, AT is powering. And Web3 is slowly waking up to both. @APRO Oracle #APRO $AT
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