Eclipse CEO Steps Down Amid Sexual Misconduct Allegations
According to reports Eclipse founder and CEO Neel Somani steps back from his position amid sexual misconduct allegations.
Ethereum’s block traffic is stopping illicit Ponzi scheme-related funds from successfully moving. According to Whale Alert reports, funds from the notorious Ponzi scheme PlusToken are moving again but are being hindered by congestion on Ethereum’s blockchain.
PlusToken is known as one of the most famous, possibly largest, cryptocurrency scams the blockchain industry has seen to date. The scheme is infamous for having scammed almost $3 billion USD worth of cryptocurrencies such as Bitcoin (BTC) Ethereum (ETH)and EOS out of vulnerable entities before it went bust last year in June.
The alert shows that a PlusToken Ether (ETH) amount was seen to move to a new address on the blockchain in an attempt to launder the illegal funds. In the recent transaction, the fraudsters moved around 789,500 ETH, valued at approximately $186 million USD at the time of press. This attempt signed more than 50 transactions in a bid to channel the funds across numerous different wallets. Only one of these transactions seems to have been successful, however. The remaining transactions seem to remain hanging in the mempool owing to their low gas fee.
Two days ago, Whale Alert reported that a wallet with an alleged PlusToken address had moved approximately $67 million USD worth of EOS to an anonymous cryptocurrency wallet which had been created not a day before.
🚨 🚨 🚨 🚨 🚨 🚨 26,316,339 #EOS (67,139,663 USD) transferred from PlusToken to unknown wallet
— Whale Alert (@whale_alert) June 22, 2020
According to reports Eclipse founder and CEO Neel Somani steps back from his position amid sexual misconduct allegations.
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