Reports indicate Bitroo, linked to ex-Jinse Finance CEO An Xinxin, blocked withdrawals since April 2024, with user losses exceeding one million USDT and no evidence of actual mining operations.
Bitroo, a Bitcoin cloud mining project promoted by former Jinse Finance CEO An Xinxin, has frozen withdrawals since April 2024. The platform attracted user investments of up to 50,000 USDT each through Telegram, but evidence of real mining operations remains absent despite claims of North American resources. Investor losses range from hundreds of thousands to over a million USDT. No official response has been provided by Bitroo. Meanwhile, reports suggest An Xinxin has launched a new initiative called Select Official, marketed as a quantitative fund project seeking new investors, raising warnings of potential scams.