On September 2nd, influencer “Encryption Fearless” revealed that An Xinxin, founder of Bitroo, is accused of fraudulent fundraising. Users have invested up to 50,000 USDT but can’t withdraw since April 2024.
Though Bitroo claims to have North American mining resources, no mining machines are verified. Many investors have lost substantial amounts, and An Xinxin’s new quantitative fund project raises further fears of scams.
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