Internet currency Beenz is facing a fatal fall in confidence today after millions of the currency unit were withdrawn. The Been suffered a hyperinflationary cycle after a trader mistakenly offered 100,000 - nominally worth $1,000 - to site visitors instead of 50.

Beenz are offered as incentives to visitors to sites, and can be redeemed against real world goods, and the resulting spending frenzy triggered a fraud monitoring service. responded by withdrawing millions of Beenz; opening themselves up to the threat of class law suits.

Full story at the BBC.