JoongAng and other South Korean mainstream media outlets revealed that the administrator of the Bitcoin Platinum Twitter account and the creator of the project, which is suspected be a scam, is a South Korean teenager, who allegedly introduced the project to find an opportunity to short Bitcoin in the South Korean Bitcoin exchange market.
The teenager, then admitted on Twitter with the Bitcoin Platinum account that the project was created as a scam. The Bitcoin Platinum creator wrote:
“Please forgive me. Bitcoin Platinum is a scam coin. I created the project to earn five mln Korean won ($4,590).”
photo source
cointelegrap