Disgruntled Beribit clients claim that they have been unable to withdraw their money for several days, with the total amount of frozen assets estimated to be at least 400 million rubles. In light of this, numerous investors have filed complaints with the local police, citing breaches of agreement with the platform. It has also been alleged that certain executives of the company have already made attempts to flee the scene.
Late in the evening on April 26th, Beribit released a statement on their Telegram channel, announcing a change in management with a new team taking the helm. According to representatives of the exchange, irregularities in the balance sheets were uncovered during a document verification process, leading to an ongoing audit of financial records.
The newly appointed management has assured that all clients who have successfully completed the KYC/AML verification process will regain access to their accounts. In an effort to ease the frustration of affected customers, the company has pledged to compensate them based on the current exchange rate set by the Bank of Russia. Furthermore, they have promised to expedite the audit procedure to minimize any further inconvenience.
Prior to this development, a report from the Shot Telegram channel indicated that a search had been conducted at Beribit’s Moscow office.