BluSmart shutdown leaves wallet funds locked
Electric ride-hailing startup BluSmart halted operations following fraud allegations against its founders, leaving users unable to withdraw money stored in its in-app wallets. The company's X account in a post stated that wallet balances are non-refundable, adding, "Blusmart has been shut since Feb 2025...Don't expect any refund of wallet money. Even employees have not got their 4 months salary."