Police in Yancheg city, Jiangsu province, have been investigating the operation since it came to their attention in October 2020,...
A Chinese court also fined the PlusToken operators up to $900,000 for their roles in the $2.25 billion Ponzi scheme.
Court documents from the Jiangsu Yancheng Intermediate People's Court revealed that Chinese police had seized over $4.2 billion in digital...
The six were among over 100 suspected PlusToken operators who were arrested by Chinese authorities in August.
27 individuals who played a major role and 82 key members of the PlusToken Ponzi Scheme have been arrested, bringing...
One of the key leaders of the Plus Token scam is set to face public prosecution in China for allegedly...