PlusToken was a ponzi scheme that operated worldwide but mainly had investors in China and South Korea.
[4] The total amount of cryptocurrency taken by PlusToken was estimated to be worth (based on 2019 prices) between $2 and US$2.9 billion.
[7][8][9] In June 2019,[10] six Chinese nationals associated with the scheme were arrested in Vanuatu and deported so they could face trial in China.
[2] In July 2020, China's Ministry of Public Security announced that 27 "major criminal suspects" and 82 "key" members of PlusToken have been arrested.
[11] In November 2020, a court in Jiangsu sentenced ringleaders behind the scheme to between two and eleven years in prison.