On November 7, according to Portal Do Bitcoin, the BeeFund platform was suspected of freezing customer balances and shutting down the website. Initially, the company offered a cryptocurrency investment plan that promised a maximum return of 12.75% per day. Since early October, BeeFund has received a large number of customer complaints about frozen withdrawals on the ReclamameAqui website. In response, BeeFund announced in the Telegram group that it will convert all customer balances into a new cryptocurrency called BEEB2.0. In order to access the balance, customers must first deposit US$10 in stablecoin before November 6. If this requirement is not met, customers will need to pay 10% of the frozen balance starting November 7 to redeem the funds. For example, a customer who invested $1000 would have to pay $100 to redeem it. The move raised questions from the community about the transparency and legitimacy of the platform and was suspected of being involved in a scam.