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Another Crypto Scam HV IJEX Exchange.

At least 80,000 people from Latin America were scammed by the HV IJEX platform, mainly in Venezuela and Colombia.

According to reports on social media, the funds of the affected users that were on the platform disappeared on Monday, April 14 of this year.

Five days before the closure of activities, users had not been able to withdraw their money, as the procedure was suspended.

Legal intentions.

The inauguration of the Coffee HV business center in Maturín, Monagas state in Venezuela, granted some "legitimacy" to this pyramid scheme and generated trust in many people.

From this location, members of this platform operated, luring unsuspecting individuals who agreed to "invest" with the promise that their money would be multiplied.

The platform offered high returns.

On its website, HV IJEX claims to operate in 52 countries and offers investment opportunities globally, stating that in approximately 40 days it would double the users' investment, with a minimum investment of 100 dollars and since December, the amount increased to 300 dollars.

The company identifies itself as a firm that has been involved in the field of financial investment for over 20 years and has built a complete industrial chain that encompasses many fields, such as blockchain technology, cryptocurrency trading, financial services, venture capital, among others.

The platform belongs to HV Investment Group, whose main representative in Venezuela is Adrian Mike, who identifies himself as "Professor Mike." The CICPC (Venezuelan Scientific, Penal and Criminal Investigations Corps) began investigations following a complaint made from Cojedes state.

The Public Ministry assigned National Prosecutor's Office 24 to investigate the scam of the HV IJEX platform to locate the main perpetrators.

Many users compare what happened to last year's Soles Bot scam.