Tuesday, June 6, 2023

Venezuela: $220,000 Bot Project “Disappears”, Community Speaks Out

It was announced on March 23 through social networks that the founder and developer of the BeerBot car trading project, Franklin Noriega, “disappeared” about $220,000 of client funds in high-risk trading operations, which were dissolved.

The information was revealed this afternoon through the project’s Twitter account. The presentation consists of a written account, which gives an account of the events, and a conversation based on Franklin Noriega’s notes with the victims of the “absence” of money, where he confesses what he did with the money of the users.

According to the filing, Franklin Noriega defrauded his clients’ funds between November and December in a stock exchange. Those affected, without knowledge of these actions, noticed on November 11, 2022 that the founder had unilaterally cut off all communication with his users and stopped the removal of the car traffic, claiming that the server where his project was working had problems and money. “He is on hold until this problem is resolved.”

This version was kept public until the night of March 20, when Noriega, in a telephonic meeting with his users, revised and clarified this version, noting the following:

“Since December I have done some activities that I would not have done, the manual bots in the tasks have been relieved and almost 90% of the funds have worked, they are inflated in 8 to 10 activities.”

“The rest of the funds were diluted through manual withdrawals by some people and the automated system was blocked from the funds.”

In business to fill the funds of bot users

In the recording where Franklin Noriega admits to disappearing the funds of his users, the lawyer Ezio Rojas intervenes as a mediator, where he points out the agreements reached by the founder and the community on how the money is going to be filled. One of the points is that Noriega has a period of 28 days, counting from March 20, to replace the “disappeared” money, while Noriega states that he is in talks with the lenders who give the loan to pay the most expensive money. all this on occasion.

One breakthrough was the rescue of BeerMoneyBot trading a car code as an item to mortify victims to pay. However, we still have to estimate how much can be gained from this deal. Another point of agreement was that the Founder should communicate every 8 hours with the affected and reveal his location to avoid any rift.

Finally, the project is a community project Hernandez’s cousin an associate in the business of acquiring and witness to the movement of Franklin Noriega. Since Noriega has spent more than three months without reporting the results of the real event after the closure of business abstractions and the community no longer has confidence in its founder.

The proposal closes with the fact that Noriega’s financial movement from 35 to 60 users of automated trading and we repeat, the only author of the event was the author and developer Franklin Noriega, because he was the one who had access to the funds. and to extract money from their users by defrauding them.

In the redacted proceedings, a more serious tone is observed according to the negotiations and the points of the terms already agreed upon. From that time, the deadline that his community gave Noriega to answer for failing or running out of money, he will have to stand through the legal consequences of his actions.


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Nation World News Desk
Nation World News Deskhttps://nationworldnews.com/
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