Cryptoinfo Watch portal made a presentation about Minexpay card program and wrote why they put Minexpay payment card program in to SCAM section:
Great find.
Thank you for posting this link and screenshot because it clearly will help people that are unaware and maybe falling for the Minex scam and thinking of investing.
Minexpay trolls became very nervous,because they cant do anything more to preserve Minexpay/Chain2pay SCAM from complete failure. They cant hide ugly truth about Minexpay/Chain2Pay project. Even locking threads cant help them any more.People is dumping MNX hard and price hit today $0.56.
Posting some ATM withdrawals is especially hilarious ,because it is just creating more and more evidences against them and speeding up process of cards cancellation,when Upaycard and Mastercard see this numerous self-admittions and stupid glorifing of Minexpay illegal scheme. Yurez83 busted Minexpay so hard with posting evidences of theirs illegal doings,thinking how he is doing something good for his boss Boris
This is a comprehensive list of theirs "glorious achievements" - how they are scamming customers: - made false statement in pre-ICO phase about making a deal with prominent european bank to buy share in Minex for 1705.44 BTC through buying 1.095 millions of MNX. Prominent european bank allegedly paid for a share in Minex in BTCs,despite in that time(late 2016),Minex was not existed as a registred company( it was founded 22.Aug.2017).That was big lie ,because Minex had to return money to investors in case that pre-ICO selling was unsuccessfull.This way,they avoided it.
- made deceiving promises in theirs whitelist and promo videos to attract more investors.They were promising low volatile coin, keeping price in tight range of +-5% and how coin USD value will grow 84.88% for a year.Instead, Minex did not intervene one single time to prevent coin price crash,people were faced with huge volatility,so MNX coin value dropped more than 80x for a year.
- advertising payment card program and collecting money for cards in advance for months,despite Minex has never had any agreement for issuing branded payment cards. Minex was aware of not having issuing contract,but it kept advertising payment cards with all theirs features.They were aware that it will mislead people to believe that it is just one small step from card delivering,because nobody cant give card features without having issuing contract first.
- lying people in July 2018 how theirs cards are issued from their own offshore bank with an international license.It was a massive lie,because Minex has never possesed offshore bank or had a contract with any bank about payment card issuing.
- lying about contract with CSOB bank
- made a deal with a proved scammer from Novarise Secrecy to obtain cards for Minex without much "annoying" procedures
- using Instabuy to sell-dump 2.6 millions coins, twice more than Minexbank paid for parking during the year,which caused 98% price fall and complete devastation among Minexpay investors- Minex was collected more than enough money to realize complete whitelist program. They realized almost nothing.Instead, money was diverted to private projects for developping VR an AR projects, by Minex CEO Boris Shulayev.
- Minex/Chain2pay is illegally using,without Upaycard and Mastecard knowledge, Lithuanian company UAB KRISTOLINIS DUGNAS account on Upaycard to issue business cards,falsely presenting Minex/Chain2pay customers as UAB KRISTOLINIS DUGNAS employees.Issuing non-branded payment cards and using other,shell company( UAB KD,no real employees and revenues) for it, Minex/Chain2pay not just violating Upaycard and Mastercard rules and regulations,but also AML laws,recklessly putting money of theirs customers at risk,because payment cards can be cancelled any time without prior notice. Despite Upaycard restriction about issuing cards only for EEA residents,Minex/Chain2pay are giving them to everbody,using false EEA residence documents for customers who live outside EEA.
- Minex is using paid trolls leading by Temhuk to make hype about Minex through making false or half-truth statements and the same time to attack anybody who gives opposition to such behaviour
- Minex faced with rising opposition and mistrust to theirs real intentions, locked theirs threads on english and russian and reopened new , self-moderated(censored) threads, to eliminate any opposite voice or opinion.
and the card with Minexpay logo is fictional !!!
