Many Bitstream Circle investors began experiencing problems withdrawing funds on March 13, 2022. ponzischeme cryptocurrencyscam
The masterminds behind the alleged cryptocurrency Ponzi scheme called Bitstream Circle are believed to have stolen more than $10 million in investor funds. The alleged theft became apparent on March 13, 2022, when some of the scheme’s investors encountered problems making withdrawals.Reports from Kenya have said investors in an alleged crypto Ponzi scheme, Bitstream Circle, are now unable to withdraw funds following the scheme’s collapse.
Fresh reports that Kenyans may have lost millions to yet another cryptocurrency scheme come shortly after a Kenyan government official $120 million had been lost to similar scams in the past financial year. While many of the scheme’s investors now see Bitstream Circle as a scam, the platform’s early investors initially dismissed these allegations.published by Kimani Capital on Linkedin explains, many investors, in fact, began experiencing problems withdrawing funds on March 13, 2022. A message from the administrator of Bitstream Circle’s telegram channel initially suggested that a network upgrade was the source of the problem.
how young investors in particular continue to be duped by the promise of very high returns in a very short space of time.
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