Tag: Jason Lou

Another Exit Scam? BitForex Stops Withdrawals and Blocks Users!

Crypto Schemes Ben - February 27, 2024

The crypto community is abuzz with concerns over BitForex, a Hong Kong-based crypto exchange founded by Chinese entrepreneurs Jason Lou and Luca Lu in 2017. After it abruptly ceased operations and blocked user access, raising alarms over a potential exit scam. This comes following the mysterious withdrawal of approximately $57 million from the exchange's hot wallets.

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