BBC Scraps BBC Show about Millionaire Crypto Traders Over Scam Allegations

The British broadcaster originally planned to show the 20-year old -- who claims to be able to turn GBP 37 (USD 50), of his personal assets into crypto worth GBP 6m, (USD 8.9m) -- as founder of a crypto-focused charity project and a successful trader. The Daily Mail reported.

Hassan, a university dropout was reported to have used "his wealth to benefit people" by donating GBP 200,000 (USD 271,465) for charitable causes in his hometown.

The BBC discovered that the crypto was discontinued in October last year. Several dissatisfied investors claim that they were the victims of a scheme orchestrated by the trader.

One investor stated that they "all lost their f ****** funds because of your scam."

The BBC removed the article about Hassan from their website and pulled the documentary We Are England - Birmingham's Self-Made Crypto-Millionaire. It was originally scheduled to air last night on BBC1.

According to a source at the broadcaster, a BBC source said that the BBC was "investigating" the matter right now and "taking it very seriously".

The cryptocurrency in question, Orfano was launched last April. Its stated objective was to transfer 3% from the funds invested by investors to charities like food banks. Or, as indicates, "100%" of the money from the 3% charity allocation is given to charitable causes.

The coin has been supported by Akon, who tweet a video where he praises Orfano for his charitable work.
Orfano's official site remains online. However, its Twitter account is inactive since October. Both websites mention the token's presale, which will take place in October 2021.