On the 7th of August, data from Lookonchain showed that numerous wallets, which had been inactive for over 3 years, were now moving substantial amounts of Ethereum, potentially reaching up to 789,533 ETH, equivalent to around $2 billion.
By monitoring the blockchain, we’ve determined these assets originated from the “Plus Token Ponzi 2” wallet.
Plus Token Ponzi 2 dispersed 789,533 ETH to thousands of wallets in 2020. These funds have not moved since April 2021. Just yesterday(Aug 7th), these wallets began to transfer ETH.
The ETH was seized when the police cracked down on the Plus Token Ponzi scheme. A total of 194,775 BTC ($11.2 billion), 833,083 ETH ($2.11 billion), 487 million XRP ($252 million), 79,581 BCH ($25.8 million), 1.4 million LTC ($82.3 million), 27.6 million EOS ($12.7 million), 74,167 DASH ($1.7 million), 6 billion DOGE ($609 million), and 213,724 USDT were seized.