Brazil has seen one other tumultuous week within the cryptocurrency business because the president of funding scheme Unick Foreign exchange mentioned it should solely pay prospects who’ve saved their receipts, the 18th million Bitcoin (BTC) was mined, and the alleged pyramid scheme Atlas Quantum denied that movies with balances at and HitBTC are pretend.

Right here is the previous week of crypto and blockchain information in overview, as initially reported by Cointelegraph Brasil.

Unick Foreign exchange says it should solely pay prospects who’ve a receipt

The president of alleged cryptocurrency funding scheme Unick Foreign exchange Leidimar Lopes mentioned that anybody who has misplaced proof of fee is not going to be compensated by the corporate, stating:

“[Unick customer] You must search for proof as it’s the solely legitimate doc to point out that you’ve really bought a product, enabling you to change into a bonus member.”

Following a police investigation into Unick Foreign exchange, workers reportedly fled the agency’s workplaces with computer systems and different {hardware} in tow. Beforehand, the Sao Paulo Courtroom of Justice issued an injunction in opposition to the scheme after a person of the platform complained about delay withdrawals.

Want Cash revealed to be a rip-off

On Oct. 17, a sequence of audio recordings of the leaders and CEO of cryptocurrency funding firm Want Cash revealed that firm managers knew the agency was bankrupt and was a monetary pyramid rip-off. The audio information had been reportedly taken from a gathering between firm leaders accountable for attracting new traders and Want Cash CEO Sabrina Victor. The Want Cash firm has not paid any of its traders in weeks.

Atlas Quantum denies movies are pretend

On Oct. 13, Cointelegraph Brasil reported that the cryptocurrency platform and alleged pyramid scheme Atlas Quantum denied that movies with firm balances at and HitBTC are pretend, though the exchanges themselves claimed that they had been solid.

In September, Atlas launched a video exhibiting balances on three exchanges, HitBTC, and Poloniex, stating that the balances had been blocked by Know Your Buyer points, saying:

“The video under reveals our stability on 9 accounts from three exchanges through which we function.”

Nonetheless, the change HitBTC got here ahead and mentioned that the video was pretend and that Atlas by no means had any locked accounts within the change. equally said that the movies had been solid and made to idiot customers. The Atlas press workplace has denied the exchanges’ claims and reaffirmed the validity of the movies. 

The allegedly solid movies surfaced after prospects complained of delayed or halted withdrawals, which Atlas is now saying it should ultimately pay out dues in reals, and that measures to redeem balances can be introduced quickly.

As beforehand reported, the agency’s CEO Rodrigo Marques has fled the nation together with his household after a public listening to earlier than the Brazilian Home of Representatives.

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