PANews reported on November 7, citing Portal Do Bitcoin, that the cryptocurrency platform BeeFund has faced numerous complaints due to issues with frozen user deposits, and since early October, it has been receiving customer complaints on the Reclame Aqui website. Recently, BeeFund announced on Telegram that it would convert customer balances into a new token called BEEB 2.0 and require users to deposit $10 in stablecoin by November 6 in order to withdraw funds. Users who do not meet the conditions will have to pay 10% of their frozen balance to withdraw starting today.

Additionally, there are reports that BEEB 2.0 will be launched on the SuperEx exchange on November 7, but Binance denies any association with this project. A series of measures taken by BeeFund has raised market skepticism, including a lack of transparency from the platform, the deactivation of the official website, and unclear information about the project team, which has severely undermined its credibility.