Crypto platform BeeFund is suspected of freezing customer balances and shutting down its website, a suspected scam
On November 7th, according to a report by Portal Do Bitcoin, the BeeFund platform is suspected of freezing customer balances and shutting down the website. Initially, the company offered a cryptocurrency investment plan promising a daily return of up to 12.75%. Since the beginning of October, BeeFund has received a large number of customer complaints on the Reclame Aqui website about frozen withdrawals. In response, BeeFund announced in the Telegram group that it will convert all customer balances into a new cryptocurrency called BEEB 2.0.
In order to access the balance, customers must first deposit $10 in stablecoins by November 6th. If this requirement is not met, customers will need to pay 10% of the frozen balance from November 7th to redeem the funds. For example, customers who invest $1,000 need to pay $100 to redeem. This move has raised questions about the transparency and legitimacy of the platform in the community and is suspected of being involved in a scam.