Cryptocurrency investment platform arbX is facing scam accusations after it told users it was “looking at a complete loss of funds.”
A series of updates following what arbX described as a “technological issue” told investors of its three separate funds that all its capital had gone.
“I regret to say we are looking at a complete loss of funds - they were all centralized to wallets for the school weekend away as we do not regard exchanges as safe nor did we want any fiat over the holiday,” founder Jonathan Weltman appeared to tell one investor in private, with the comments
