The Lebanese newspaper “Al-Nahar” reported that some investors in digital currencies received a new blow today, as a result of a fraud by the platform Binancesfund This resulted in investors losing millions of dollars.
In details, the Binancesfund Customers’ money is invested in cryptocurrencies, and the profits are returned to them.
And the founder BuyBitcoinLeb Nader Dirani told Al-Nahar newspaper, “Investing in this platform is what is called in economics ponzi schemeWhich is represented by the promise of a large profit to be financed by the flow of capital until the speculative bubble bursts.
“People who invest in this type of platform are well aware of the high risks, yet they invest in them,” he added.
He explained that “Binancesfund Which decided a few days ago to stop paying investors has nothing to do withBinance known globally, and that the loss of Lebanese investors in it exceeded nearly $300 million.
He quoted people he knows as saying that they “lost large sums of money by investing in the platform,” noting that it is not possible to give a final figure regarding the amounts invested in the platform. Binancesfund.
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