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The next big scam: Crypto exchange Bitsane vanishes

Posted: Tue Jul 02, 2019 12:39 am
by mlawson71
Dublin-based cryptocurrency exchange Bitsane Bitsane disappeared without a trace leaving 246 000 clients unattended. Scammers are believed to have fled with cryptocurrency and cash worth millions of euro.

Forbes reported that users of Bitsane had difficulties withdrawing since May, but the exchange’s support team wrote in emails that withdrawals were only “temporarily” disabled due to technical reasons. Then, on June 17th, it was all gone - Bitsane’s website vanished, and its Twitter and Facebook accounts were deleted. The same happened to the LinkedIn accounts of its CEO Aidas Rupsys and chief technology officer Dmitry Prudnikov. So, now the exchange’s team is absolutely unreachable.

Scams in the Forex industry are ubiquitous but they have nothing on the crypto scams. :facepalm:

Re: The next big scam: Crypto exchange Bitsane vanishes

Posted: Tue Jul 02, 2019 1:29 am
by Jimmy
mlawson71 wrote: Tue Jul 02, 2019 12:39 am Dublin-based cryptocurrency exchange Bitsane Bitsane disappeared without a trace leaving 246 000 clients unattended. Scammers are believed to have fled with cryptocurrency and cash worth millions of euro.

Forbes reported that users of Bitsane had difficulties withdrawing since May, but the exchange’s support team wrote in emails that withdrawals were only “temporarily” disabled due to technical reasons. Then, on June 17th, it was all gone - Bitsane’s website vanished, and its Twitter and Facebook accounts were deleted. The same happened to the LinkedIn accounts of its CEO Aidas Rupsys and chief technology officer Dmitry Prudnikov. So, now the exchange’s team is absolutely unreachable.

Scams in the Forex industry are ubiquitous but they have nothing on the crypto scams. :facepalm:
Another one! Man what a joke.

Re: The next big scam: Crypto exchange Bitsane vanishes

Posted: Wed Jul 03, 2019 2:17 am
by mlawson71
Jimmy wrote: Tue Jul 02, 2019 1:29 am
Another one! Man what a joke.
At this point I am looking at all crypto exchanges with some level of suspicion.