26 million EOS moved by PlusToken
26 million EOS moved by PlusToken

26 million EOS moved by PlusToken

By Alfredo de Candia - 23 Jun 2020

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Yesterday there was a huge transaction of 26 million EOS, over $60 million, from the PlusToken account to a new one created just minutes before the transfer.

The accounts involved are eospstotoken and jnhgvbkkfdjf.

This is a record-breaking scam because, in total, this scheme has involved the stealing of between 2 and 3 billion dollars from unsuspecting victims, a truly frightening figure.

Interestingly, after this transaction, several users were able to use the EOS blockchain to connect and communicate what had happened.

Indeed, the transaction sent a clear signal about how this scam was brought into the spotlight, which immediately initiated the conversation about what had happened.

eso plus token

Through the transaction memo field, it was possible to send direct messages and start a proper discussion while also providing useful details to other users as these messages cannot be deleted.

One of the advantages of public blockchains is that it is possible to track and trace all the movements and transactions that a user makes, allowing to retrieve useful information such as how the account was created, how it is connected with other accounts, the destination of funds and the platform where to exchange cryptocurrencies. 

The ultimate goal is to prevent these funds from being liquidated. In this regard, it is worth noting that the EOS blockchain has a blacklist that allows blocking an account so that it cannot perform any operation.

Unfortunately, there is little to do in these cases and it is necessary to intervene soon in order to cut any bridge that can facilitate the liquidation of the crypto assets on the relevant account, partly because in this way it is easier to deal with the situation if there is also coordination from the various exchanges and DEXs. 

Alfredo de Candia

Android developer for over 8 years with a dozen of developed apps, Alfredo at age 21 has climbed Mount Fuji following the saying: "He who climbs Mount Fuji once in his life is a wise man, who climbs him twice is a Crazy". Among his app we find a Japanese database, a spam and virus database, the most complete database on Anime and Manga series birthdays and a shitcoin database. Sunday Miner, Alfredo has a passion for crypto and is a fan of EOS.

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