Bitcoins worth more than 204.8 billion were confiscated! ! ! !

A verdict in 2020 became a hot topic after being reported.

​Currently, Bitcoin is worth about 640,000 yuan per piece, and 320,000 Bitcoins are worth more than 204.8 billion, far exceeding the GDP of Yancheng in 2023.

​These Bitcoins came from the PlusToken pyramid scheme platform, which was launched in May 2018. It used false propaganda to deceive participants into paying more than 500 US dollars in digital currency as a threshold fee, and rebates were divided into different levels according to the development of downlines and investment.

​The platform collected a total of more than 14.8 billion yuan in various digital currencies paid by members, including more than 310,000 Bitcoins. Most of the defendants in this case had junior high school education, but they deceived many people.

​This case reflects the new situation of digital currency crimes and regulatory challenges. The verdict demonstrates the determination to maintain financial order and warns investors not to be confused by high returns.