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Topic: FOXBIT IS SOLID - bankruptcy rumours are FAKE (Read 279 times)

sr. member
Activity: 420
Merit: 250
October 06, 2017, 04:37:58 AM
#2
Foxbit, Latin America's largest bitcoins broker, told Roberto de Lee, formerly XP Investimentos, to join the company's team.
The move was announced after the CTO's departure from the company, João Paulo Oliveira, which coincidentally switched to XP. According to Luis Augusto Schiavon (Guto), Founding Partner of Foxbit, Lee's entry was already informed before the change, and aims to give a bigger profession to the company. Regarding Lee's role in the company, Guto said he will be a strategic financial market advisor, but that does not rule out the possibility that he will take on other roles in the company. Roberto Lee is a co-founder of Clear Corretora, a company created in 2012 that was acquired by XP Investimentos. After the acquisition, Lee served as Executive Director of XP.
hero member
Activity: 770
Merit: 515
Guto Schiavon / FOXBIT
Besides the DDoS atacks targeting Foxbit systems over the last two weeks, it has been spread on WhatsApp groups and Facebook a fake document stating the company bankruptcy filing at São Paulo Court of Justice.

NO, Foxbit is NOT filing for bankruptcy, there is no reason for that. The company do not operate a fractional reserve, all balance in bitcoins and Brazilian Reais is kept secure and not used for any other purpose. If all the clients decide to withdraw their balances there is solvency to fulfill that immediately.

This weekend, from Saturday 1am to Sunday 11pm, we will handle infrastructure maintenance to address some technical issues.

The document above is FAKE, edited and spread out in an attempt to damage Foxbit image and reputation.

We will keep working hard to solve any issues to come, delivering a high class exchange service and helping the development of bitcoin community and ecosystem.

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