2023-05-21 11:01:21
It may have been less known globally, but the Croatian crypto business, BitLucky is (was) a company attracting quite a lot of customers in Croatia. Basically, they were involved in investments, they advertised themselves as investing their clients’ money in crypto and being able to provide a profit of between 5-25%. This is significantly more profit than what various banking products or government securities could provide.
The founders of BitLucky have been lost
We last heard from the company on May 19, when its manager, Luka Burazer informed customers of some bad news in an email. He wrote that as a result of some bad trades and decisions, the company was on the verge of bankruptcy. In that letter, he promised the customers more information, but since then, neither he nor his co-founder have been heard from. So much so that their cell phones are switched off, they don’t respond to e-mails and all their profiles have been deleted from social media. A Morning paper Croatian portal with the name managed to reach an employee of BitLucky, who said that “the director went crazy and spent all the money”.
According to current estimates, the value of the lost assets exceeds 75 million US dollars and at least 700 customers may be affected. In retrospect, everyone is smart, but according to many, BitLucky was actually just a huge pyramid scheme, because promising returns of 5-25% in the volatile crypto market is quite a big undertaking. According to one of the editors of the aforementioned Jutarnji List newspaper, already it was also a warning sign that not even a picture of Burazer was very available and he did not speak to the press either.
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