CNBC-shilled cryptocurrency exchange Bitsane pulls exit scam on 246K users


Irish cryptocurrency exchange Bitsane has reportedly pulled an exit scam and disappeared with hundreds of thousands of dollars in cryptocurrency belonging to its users, reports Forbes. Bitsane’s website, which reportedly boasted 246,000 registered users, has been offline since (at least) June 17, when its Facebook and Twitter accounts noted to be offline. LinkedIn accounts for key employees have also been scrubbed. The company itself filed for dissolution on May 16, but curious circumstances – including a separate company (Bitsane Limited) incorporated in the UK in 2017 – have attracted doubt. According to Forbes, affected users have been comparing in a…

This story continues at The Next Web

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