The BBC has pulled a programme on a crypto-millionaire heralded for raising huge sums for charity after suggestions that the scheme had been a scam.
An article entitled ‘Birmingham’s self-made crypto-millionaire giving back’ was published on the BBC News homepage this morning detailing the apparent successes of OrfanoX CEO Hanad Hassan.
The 20-year-old claimed he had created a cryptocurrency in April last year that took profits from the investments into his coin to invest heavily in charitable organisations.
The Midlands edition of We Are England on Mr Hassan was also scheduled to go out at 7.30pm tonight on BBC One.
But following the publishing of the piece, members of the crypto community who had bought shares in OrfanoX pointed out that the coin had been shut down in October 2021, with many people losing all the money they had invested.
The founders of the currency posted a message on Telegram, a communications platform, last year announcing that they had ‘decided to discontinue the OrfanoX token’.
They wrote: ‘Things haven’t gone the way we had planned and after careful consideration we have decided to stop the project.’
It appears that many of those who bought shares did not receive any money back despite pledges made by the company to reinvest in other currencies.
One man…
