$188 million in ETH tied to PlusToken Ponzi moves for first time since December

Nearly 790,000 ETH – worth roughly $188 million – held in a wallet connected to the PlusToken Ponzi scheme were on the move in a pair of transactions.

Those two transactions, accounting for 789,533 ETH, can be viewed here and here. The last time these funds moved was on December 19.

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The transactions come two days after a significant quantity of EOS also held in a PlusToken wallet moved. In that instance, some $67 million in EOS – representing 26.3 million tokens – moved to a new address.

PlusToken is believed to represent one of the biggest cryptocurrency-related scams in history, accounting for the loss of more than $2 billion in lost user funds according to a past analysis by CipherTrace. Chinese officials have made arrests in connection with an investigation into the scheme, as previously reported.

In February, more than $117 million in bitcoin tied to the Ponzi scheme were moved to two different addresses, as The Block previously reported.