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A Brazilian Cryptocurrency Exchange Blocks Customer Accounts And Fires Staff - Investment - Nairaland

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A Brazilian Cryptocurrency Exchange Blocks Customer Accounts And Fires Staff by altcoinng: 9:38am On Aug 15, 2022
Brazilian cryptocurrency exchange BlueBenx blocked withdrawals and transfers, citing a hack, and fired employees, Portal do Bitcoin reported. Assuramaya Kuthumi, a lawyer representing the platform, claims that about $32 million was stolen in the hack.

The crypto exchange BlueBenx, with offices in Brazil, Portugal and Estonia, positioned itself as “a high-performance platform that provides regular income to its customers.” The company’s Web site says that by 2025, it expects to generate a return on investment of +1,800%.

According to the publication, BlueBenx customers were skeptical about the report of the hack because the company did not disclose any details of the incident. The exchange sent an e-mail to all users to report the hacker attack on its liquidity pools in the criptomoedas network, as a result of which it decided to immediately suspend all transfers and withdrawals.

BlueBenx also fired at least 30 of its employees, shut down its social media accounts, and the whereabouts of the exchange’s CEO Roberto Jesus Cardassi are unknown, the article said. A lawyer representing BlueBenx estimated that more than 160 million Brazilian reais (about $32 million)
were lost because of the hack, meaning the investments of about 2,500 customers. Kuthumi said he is cooperating with the police on the matter.

Earlier, cryptocurrency exchange Hotbit reported that it was suspended due to the freezing of some of its assets by law enforcement agencies. According to the company, its former manager, who resigned in April 2022, is under investigation.

https://altcoin.ng/brazilian-cryptocurrency-exchange-blocks-customer-accounts-and-fires-staff/

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