Bitsane pulls exit scam on 246K users. DON’T LEAVE YOUR CRYPTO IN THE EXCHANGES MY FRIENDS.
MORE DISGRACEFUL NEWS!
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 Telegram group. Most report losses of up to $5,000 worth of cryptocurrency. However, however one US-based investor told reporters Bitsane had vanished with $150,000 worth of Bitcoin and Ripple (XRP) they had been storing on the exchange.
Sadly, Bitsane got its big break during 2017’s “crypto-mania.” When mainstream media outlet CNBC infamously “educated” readers on how to buy Ripple just as its price approached its all-time-high, it actually advised investors to purchase Bitcoin and Ethereum on Coinbase and exchange it for XRP using Bitsane. Read The Full Story Here