Chainalysis Employees Believe The Criminals Behind the PlusToken Scheme ContinueSell Hugethe number of bitcoins, thereby provoking a fall in the price of the asset.
After a five-month investigation, a New York-based company, Chainalysis Inc., concluded that the scammers associated with PlusToken allegedly havemore than $2 billion in cryptocurrency.
Chainalysis researchers tracked a total of 45,000 BTC, 6,400,000 ETH, 111,000 USDT, and 53 OMG (OmiseGo).
While six people involved infraud, were arrested in June, the stolen funds continued to move through wallets and cash out through independent OTC brokers, working mainly on the Huobi platform. For analysts, this is proof that one or more scammers are still at large.
So far, the criminals have cashed out at least 10,000 ETH and 25,000 BTC.The remaining 20,000 BTC are distributed to more than 8,700 addresses.Scammers have transferred BTC more than 24,000 times using more than 71,000 different addresses.
Many of these transactions were conducted through mixers, such as Wasabi Wallet, which usesAccording to experts, the large amounts of BTC and ETH remaining in the hands of the scammers are still able to put pressure on the market, and their continued dumping mayand continue to negatively affect the price of Bitcoin.