After stopping customer withdrawals last week, the Brazilian cryptocurrency investment business Bluebenx revised its statement about the recent liquidity problems it is experiencing. Bluebenx Changes Versions Of Its Statements In its initial justification for this decision, the crypto investment firm claimed that it had experienced a vicious attack and that the withdrawal pause was necessary as part of the security procedure to deal with the fallout. However, the company has now retracted its statement, changing its stance on the issue. According to Bluebenx, the occurrence was the result of a listing fraud, in which the business had agreed to pay for the listing of its currency, BENX, on another platform. The company claimed it had to pay a third party familiar with the undisclosed listing exchange $200,000 and 25 million Benx in return for the listing opportunity. However, the accused agent defrauded the firm and stole the funds. Furthermore, the attacker swapped the 25 million BENX paid for USDT via the exchange’s liquidity pools, depriving it of any stablecoin liquidity. The business commented – “BlueBenx also clarifies that among more than 25,000 customers, only 2,500 were affected by the blow. The recovery plan provides that these customers will be able to redeem their applications from 2023 onwards.” Large-Scale Layoffs The business also offered reasons for the layoffs it carried out on the same day as the occurrence, w...
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