HitBTC Denies Frozen Fund Allegations Of Brazil’s Atlas Quantum, Accuses It Of Forgery


The crypto exchange HitBTC has recently denied all allegations that it froze the assets of the Brazilian investment company Atlas Quantum. According to HitBTC, the evidence is a forgery.

A Twitter discussion started yesterday, October 2, in which the crypto exchange affirmed that it never blocked any asset from Atlas. The company claimed last month that HitBTC had frozen around $15 million USD worth of BTC and around $5.4 million USD worth of Tether with no good reason. After HitBTC continued to tweet defending its brand, Atlas Quantum deleted some of its tweets.

HitBTC Claims That Atlas Quantum Forged Its Balances

The officials from the crypto exchange affirmed that the images provided by Atlas were, in fact, fake. They cited the non-standard placement of some figures in the balances that could indicate fraud.

HitBTC also added that not only no one with the same characteristics as Atlas were currently blocked, but the company never actually required assistance as well. This led the company to believe that HitBTC may have forged its “proof” that its assets were frozen. At the moment, Atlas Quantum has not responded publicly yet.

Unfortunately, cases of fraud related to HitBTC are not especially uncommon these days. Two months ago, two Canadians used fake HitBTC accounts to scam other people and steal their money. They were both arrested in the U. S.

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