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Another Crypto Platform Stops Withdrawals…Is It Scam or Hack?

Another Crypto Platform Stops Withdrawals…Is It Scam or Hack?

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Answer Another Crypto Platform Stops Withdrawals…Is It Scam or Hack?

In a shocking statement, Brazilian crypto lender BlueBenx has announced that it is halting withdrawals due to a security attack on its services.

A representative of BlueBenx said that the company was hacked and $32 million was stolen.

The company promised users to make high returns by investing in cryptocurrencies.

Which leads to questions about whether the hack was real or just a cover-up of a scam.

As for the scam flags that something out of the ordinary is the company’s promise to offer returns of up to 66% to its users in the crypto market.

Lending platform BlueBenx halts withdrawals due to alleged hack:

According for reports Brazilian news, BlueBenx users do not believe the company’s version of the hack.

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The reports quoted users as saying that the hacking argument was just an excuse to cover up the scam.

One user said:

I think there is a scam because this hack seems to be made by the company.

Earlier, analyst Colin Wu, who follows the cryptocurrency market, indicated that the company had dismissed the majority of its employees, which raised more suspicions about it.

If the “BlueBenx” incident turns out to be a scam in Brazil, it could shake investor confidence in crypto companies.

BlueBenx claims to be a high-performance crypto platform that offers regular benefits to its crypto-invested users.

Founded in 2017, BlueBenx develops products and solutions related to blockchain and cryptocurrency.

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