Lookonchain shared that Plus Token had begun moving nearly $2 billion in ETH but it turns out most of it had already been sold in 2021.
Independent analysts have debunked a recent social media post claiming that “hundreds of dormant wallets” linked to the multibillion-dollar crypto scam Token Plus had begun shifting nearly $2 billion in Ether.
In a now-deleted Aug. 6 post to X, blockchain analytics service Lookonchain initially claimed that wallets linked to TokenPlus had begun shifting some 789,533 ETH — worth $1.8 billion at current prices.
As it turns out, the amount may have been much lower than initially stated.