Scam Coin?: Single Address Behind 50% of Bitcoin Cash Transactions

Zero Hedge | 5/8/2019 | Staff
liizu (Posted by) Level 3
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Twitter user (@IamNomad) revealed that a single crypto address has been responsible for at least 50% of the Bitcoin Cash (BCH) transactions in the last 28 days, reported Cointelegraph.

BCH address qqrxa0h9jqnc7v4wmj9ysetsp3y7w9l36u8gnnjulq first receive BCH on April 4 and has since made 598,435 transactions. This accounts for 50% of the total 1.17 million transactions made on the Bitcoin Cash in the last three weeks.

Balance - Account - Monday - Pm - BCH

The balance of the account (as of Monday 6 pm) currently stands at 4.29812196 BCH ($1,231.63) and has received 81.21829627 BCH ($23,273.10) during this period.

Another Twitter user (@djangobits) believes the account could be connected to a Transaction Volume Booster (TVB). He tweeted:

TVB - Transaction - Volume - Booster - Cryptocurrency

"It's the TVB, the transaction volume booster. You don't want to make your cryptocurrency look useless, right."

We made a video and condensed the file into a GIF, showing a 10-second burst of at least...
(Excerpt) Read more at: Zero Hedge
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