EtherFi CEO Response to "EtherFi Card Skimming" Allegations: Under Investigation, Affected Users Will Be Refunded

BlockBeats News, November 1st, a community user raised concerns in X that "EtherFi may have encountered issues upstream/downstream, as a card that has never been used for any transactions/pre-authorization was skimmed."

EtherFi CEO Mike Silagadze responded to this by saying, "We are investigating this matter and in communication with our credit card partners. All users affected by fraudulent transactions will receive a refund."