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Hack history / 2019 / Fraud

WOTOKEN

Fraud on Oct 8, 2019 · Ponzi

IN REVIEWONE SOURCE · 1 SOURCE
Lost
$1.11B
dollars at the time
Returned
none listed
as the sources state it
Rank
not ranked
collapses, frauds and later news are not ranked

What happened

WOTOKEN, involved in a cryptocurrency pyramid selling case involving more than 7.7 billion yuan, has opened court and completed the trail in public and at Binhai County People's Court in Yancheng City, in which six major defendants were tried separately for organizing and leading pyramid selling activity; covering up and concealing income; harboring.

In review: single source for a loss of $500M or more.

Details

Date
Oct 8, 2019
Kind
Fraud
Method
Ponzi
How in
Insiders: rug pulls, frauds, collapses
Target
not stated
Chains
not stated

Reported by

Cite this pageSwanBluechip, "WOTOKEN fraud, Oct 8, 2019: $1.11B lost", Crypto hack history, https://swan-hack-tracker.pages.dev/history/i/ht5b86654e13/ (data as of 2026-10-31).
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