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> Last Saturday, ahead of the traditional market rout caused by Opec, PlusToken scammers moved a little over $100 million worth of bitcoin to so-called mixers,
by jiveturkey 7y ago
> Last Saturday, ahead of the traditional market rout caused by Opec, PlusToken scammers moved a little over $100 million worth of bitcoin to so-called mixers, designed to disguise the origin and destination of the coins.
> The fraudsters may have then sold off the bitcoins, causing prices to fall as supply flooded the market, according to Singhal.
May have? Is this anything more than pure speculation? I mean, I am a very, very big fan of using time to correlate events ("what changed"), so the mixing is certainly a signal, but how good of a signal?
Why highlight PlusToken vs bitcoin holders en masse wanting to get cash out thanks to the market downturn?