RATE Group | New cryptocurrency scandal: WEX exchange programmer claims swindlers posed as Russian go…
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New cryptocurrency scandal: WEX exchange programmer claims swindlers posed as Russian go…

New cryptocurrency scandal: WEX exchange programmer claims swindlers posed as Russian go…

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There have been some wild news stories this month in the blockchain world.

The latest concerns the 2018 collapse of the cryptocurrency exchange WEX. That debacle prevented customers from gaining access to US$450 million in investments.

Today, BBC Russian reported that a computer programmer, Alexei Bilyuchenko, told police he was tricked into handing over all of the WEX’s assets to fraudsters posing as Russian government FSB agents.

According to BBC Russian, Bilyuchenko has gone into hiding.

Meanwhile, a spokesperson for the investors, Alexander Terentiev, said he’s “not convinced” that the computer programmer was telling the truth.

That’s not the only bizarre cryptocurrency tale this month.

There has also been a call to exhume the body of former Vancouver resident and QuadrigaCX cryptocurrency exchange founder Gerald Cotten.

This came not long after a lengthy Vanity Fair story explored various theories about what might have happened to him.

The 30-year-old supposedly died in India in…

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