Flutterwave and 86FB - 86FB, the crashed investment platform, has issued an official statement stating that Fintech Giant, Flutterwave, is the entity blocking investor withdrawals.
Remember that three days ago, 86FB, the popular investment platform that purports to focus on football and collaborates with William Hill, a major online gambling firm based in London, England, to blend probability and analytics, crashed?
Flutterwave and 86FB - According to a fresh statement, Flutterwave has maliciously locked 86FB's cash. This, according to the site, has made it difficult for it to repay its investors. The platform, which stated that it would not bow to unreasonable behavior, urged investors to join it in pressuring Flutterwave to RELEASE its FUND.
86FB statement reads in details;
Withdraw cash normally? The reason is because we are maliciously freezing all our funds by a payment company called Flutterwave, which maliciously freezes our funds and repeatedly wants to take the funds as their own.
"And through cooperating with the local police to blackmail us 86FB, we have not yielded, we have been trying our best to protect the rights and interests of every user but the other party has a strong background in Nigeria. We cannot fight it."
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flutterwave and 86fb - The platform, in a statement to investors, noted, “A series of things have happened recently that make us unable to operate normally, and I apologize for this.
“The purpose of today’s announcement is to explain to you why 86fb cannot run normally. The reason is because we have been maliciously frozen by a payment company called Flutterwave.
“This payment company maliciously froze our funds, and intends to take the funds as their own and extort us by cooperating with the local police. 86fb have never yielded as we have been trying our best to protect the rights and interests of every user, but the other party has a strong background in Nigeria, we cannot fight against it, so now 86fb cannot withdraw money normally”
“For everyone’s funds, and for the dignity of 86fb, we will not bow to this force. On behalf of 86fb, I implore you all to join me in fighting against Flutterwave unreasonable freezing of funds. I hope you can help us get justice.”
The platform, however, promised investors that it will pay investors as soon as Flutterwave refunds all of the funds it froze.
It said, “If the money is to be returned, 86fb will pay all users’ funds as soon as possible!
“At present, we have received feedback from many members that they have to get their own money when they find Flutterwave, so the platform recommends everyone to go to the Flutterwave payment company to get back their own funds!”