Post
Topic
Board Altcoin Discussion
Re: DOGE records increased utilisation in criminal activities, research shows
by
Xal0lex
on 23/06/2022, 20:00:42 UTC
Some of the notable crimes include the Plus Token Ponzi scheme that resulted in the seizure of over $20 million in DOGE by Chinese authorities and the alleged theft of $119 million in Dogecoin linked to a Turkish Ponzi scheme in 2021.

Well, the news background around DOGE keeps getting worse and worse. First accusations of manipulation from Ilon Musk, now the use of the coin in various fraud schemes. In the meantime, the coin keeps falling to the bottom, having already reached 6 cents. I wouldn't be surprised if the price drops below 1 cent soon, because the price of it has been actively pumped up too much lately. If this news about ponzi schemes and other frauds involving DOGE is spreading more widely now, exchanges may start to remove this coin from listing massively, like it happened with Ripple in its time, and then DOGE will start to sink even more massively.