The current bear market has rattled the digital asset industry to the core. A lesser-known crypto-staking platform, Freeway, is the latest to halt withdrawal services citing volatility in foreign exchange as well as cryptocurrency markets in recent times.
According to the whistleblower FatMan Terra, the website admin is currently in the process of removing the names of core team members behind the staking platform.that while the team members are legitimate, some of their CVs/descriptions are “highly embellished.” If anyone has funds in crypto yield platform Freeway, I would suggest withdrawing right away. I 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.Market experts expect that the current turbulence will weed out excess, leverage, poor risk management, and fraudulent entities., Celsius, and Voyager Digital, in the third quarter of this year following the Terra implosion.
United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: phxbizjournal - 🏆 254. / 63 Read more »