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Cryptocurrency startup invents fake hacker attack after its customers' cryptocurrency is stolen

9:16 pm, August 15, 2022

The Brazilian cryptocurrency lending platform BlueBenx has suspended withdrawals and fired most of its employees, all due to a recent hack that stole $ 32 million from the platform. However, according to some members of the cryptocurrency community, the startup’s management took possession of the client funds.

As it became known, the BlueBenx platform attracted more than 22,000 users, who were promised big profits by the startup’s representatives. According to the depositors, they expected to receive up to 66% of the profit for depositing cryptocurrencies. «I think there is a high probability of fraud — the whole story about the hacker attack looks like complete nonsense, they just made it up,» one of the platform’s investors shared his opinion.

At the time of writing, it is not known whether law enforcement agencies have launched an investigation into the theft. However, if the involvement of BlueBenx executives can be proven, they risk going to jail. In early July, the US Department of Justice issued a statement accusing the creators of cryptocurrency projects Baller Ape Club NFT, EmpiresX, Circle Society, and Titanium Blockchain Infrastructure Services of fraud, namely, stealing investors' funds. Thus, the owner of the cryptocurrency investment platform Circle Society, David Saffron, lured about $ 12 million from investors, guaranteeing 500% profit on the invested amount. The fraudster can get up to 115 years in prison.

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