Bulgarian cryptocurrency scheme, Blue Electric Technology (BETL), has exit-scammed, leaving thousands of investors without their savings. The company promised regular payouts and a solid investment but abruptly stopped paying out returns on December 6, claiming technical difficulties. BETL asked for deposits of 99 USDT to verify accounts, but never returned the funds, resulting in losses for investors. The estimated number of investors ranges from 8,000 to 30,000, with investments totaling up to $80 million. BETL may return as a similar scheme called PowerPal, which is already offering investment packages. The company recruited investors through Facebook and operated through Telegram. Some investors were aware that it was a pyramid scheme and willingly participated, but others took out personal loans to invest.



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