BlueBenx hack story
BlueBenx hack story
What is BlueBenx?
What is BlueBenx?
Started in 2018, BlueBenx is Brazilian crypto lending platform. It guarantees up to 66% return to investors
The BlueBenx Hack
The BlueBenx Hack
On 14th August 2022, BlueBenx reported a hack that drained $32 million ($160 million Real) from its treasury chest.
The Mass Layoffs
The Mass Layoffs
Soon after the news. BlueBenx laid-off the majority of its employees, hinting an inside job.
The Controversy
The Controversy
Many investors believe this to be a home cooked story since BlueBenx is failing on its promises of delivering higher returns.
Affecting Users
Affecting Users
Moments after the announcement, BlueBenx froze withdrawals for all of its 22,000 users.
Wait. What if?
Wait. What if?
The hack problem is getting common in the crypto industry but is it really the case or a hoax
to save the companies?
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