24-10-2022 17:22 via news.slashdot.org

Freeway, Crypto Platform That Promised 43% Returns, Halts Withdrawals

Freeway, a UK-based crypto platform that promised annual returns up to a mind-boggling 43%, halted withdrawals on Sunday, according to a notice published to the company's website. Freeway's native cryptocurrency, which goes by the ticker FWT, plummeted 74% following the announcement and, to top it all off, the Freeway website appears to be scrubbing the names and photos of some executives. From a report: Upset users have taken to the community Telegram channel for Freeway, expressing frustration
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