Express

Investors Accuse Crypto Company AMFEIX Of Running A Scam Operation

Emily Mason

Summary: Crypto company AMFEIX has been accused of running a scam operation by investors, as reported by Cointelegraph. The fund allegedly raised $60 million worth of Bitcoin in investment rounds by promising high returns. Investors grew concerned as the fund's support team offered only vague communications and as the number of pending withdrawal requests continues to ...

Crypto company AMFEIX has been accused of running a scam operation by investors, as reported by Cointelegraph.

The fund allegedly raised $60 million worth of Bitcoin in investment rounds by promising high returns. Investors grew concerned as the fund's support team offered only vague communications and as the number of pending withdrawal requests continues to grow. Customers claim withdrawals have been repeatedly delayed since May and shared a document showing over 500 pending withdrawals.

The company's wallet address has been listed on popular crypto site Scam Alert. The company is registered in the United Kingdom.

By Emily Mason

Last Update:

Tags: ,,
Link: Investors Accuse Crypto Company AMFEIX Of Running A Scam Operation   [Copy]
  • The Making of a Political Darling: Is Chainlink’s Government Deal a Victory for Tech or... 3 days ago
  • Google Steps Into Blockchain: A New Front in the “Ledger Wars” 5 days ago
  • Bitcoin Weekly Analysis: Is a Bear Market on the Horizon? 7 days ago
  • AI Fraud Is Breaking the Internet’s Trust Economy. Can Compliance Tech Keep Up? 10 days ago
  • Can a $300M RWA Fund Save Avalanche's TVL? 11 days ago
  • You need to login to comment.