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EtherFi CEO responds to concerns over "EtherFi card being fraudulently charged": Investigation underway, defrauded users will receive refunds

EtherFi CEO responds to concerns over "EtherFi card being fraudulently charged": Investigation underway, defrauded users will receive refunds

BlockBeatsBlockBeats2025/11/01 06:44
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BlockBeats News, on November 1, a community user raised concerns on X regarding "potential upstream and downstream issues with EtherFi, as a card that had never been used for any purchases or pre-authorizations was fraudulently charged."


EtherFi CEO Mike Silagadze responded, stating, "We are investigating the matter and communicating with our credit card partners. All users who have experienced fraudulent transactions will be refunded."

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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