A Crypto Rewards Platform That Promised 40% APY Halts Withdrawals, Citing ‘Market Fluctuations’ – Bitcoin News

  • 📰 BTCTN
  • ⏱ Reading Time:
  • 72 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 32%
  • Publisher: 51%

Österreich Nachrichten Nachrichten

Österreich Neuesten Nachrichten,Österreich Schlagzeilen

The Freeway crypto rewards platform promised users up to 40% APY, then halted withdrawals on October 23, 2022, citing 'market fluctuations.'

A Crypto Rewards Platform That Promised 40% APY Halts Withdrawals, Citing ‘Market Fluctuations’

A crypto rewards platform called Freeway.io has notified users that it decided to reallocate capital in order to “manage exposure to future market fluctuations and volatility.” In doing so, users are unable to withdraw funds from the platform, and the Freeway team explained that amid the reallocation process, the team could not comment further.The crypto community is dealing with another rewards platform that has decided to halt withdrawals amid a decision to reallocate funds.

Freeway.io’s native crypto asset freeway slid more than 72% lower against the U.S. dollar on Sunday evening into Monday morning . The Freeway crypto rewards platform promised users up to 40% annual percentage yield on “Supercharger” accounts. Interestingly, just before the rewards platform published its notice to customers on October 23, the day before, the crypto whistleblower known as “Fatman” warned clients to withdraw from the rewards platform immediately.

“If anyone has funds in crypto yield platform Freeway, I would suggest withdrawing right away,” FatmanI believe they are operating a Ponzi scheme. In my opinion, it’s likely that Freeway will collapse within the next few months and that all depositors will lose everything.The Freeway team never explained when the platform will be fully operational again, and it further noted that “while we complete this process, we cannot comment further beyond this statement.

Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:

 /  🏆 531. in AT
 

Vielen Dank für Ihren Kommentar.Ihr Kommentar wird nach Prüfung veröffentlicht.

more Ponzi went down

more pyramid schemes. Why do people fall for this :(

Why you noot talkiing about thiss!

Why you noot talkiing about thiss?!

Why you noot talkiing about thiss?!

Why you noot talkiing about thiss?!

Why you noot talkiing about thiss!

Why you noot talkiing about thiss!

Why you noot talkiing about thiss?!

It is sad to see this kind of news and how some take advantage of the motion and value that crypto has over the financial aspects of people in order to strip good people from their valuables. We hope it's just a tech issue and not something worse... We'll see.

Why you noot talkiing about thiss?!

Why you noot talkiing about thiss?!

Why you noot talkiing about thiss?!

Why you noot talkiing about thiss?!

Why you noot talkiing about thiss?!

Why you noot talkiing about thiss!

Bitget just made a Huge deal with THE GOAT MESSİ him self and the token BGB made new ATH dont miss out

Why you noot talkiing about thiss?!

Why you noot talkiing about thiss!

Why you noot talkiing about thiss?!

🚀Thnkss a millon.

Why you noot talkiing about thiss!

Fantastic! I have recently started using ChiefraFba for signals, his accuracy is INSANE!

ChiefraFba gives the most accurate signals and analysis in my experience

Österreich Neuesten Nachrichten, Österreich Schlagzeilen