Minexcoin - A new era of payments

[JollyGood]

OK. One mystery solved. Now we know where coins form ICO fund are going( or at least one of theirs destinations).

These scammers should be investigated by Ukrainian law enforcement agencies

Much more problem to them and all other ICOs is SEC decision to shut them down and force them to give back investors money. SEC has it ways to enforce its will on them no matter where ICO is located.

That SEC ruling is for US citizens only right?

No. they already penalized some ICO which are not from US.You can see on a link below story how SEC  issued cease and desist order against a Russian Initial Coin Offering (ICO) that posed as Liechtenstein Union Bank

https://cointelegraph.com/news/us-regulator-issues-cease-and-desist-order-to-russian-ico-mimicking-liechtenstein-bank


Also everbody remembered how few years ago they forced Hong Kong based Bitfinex to pay penalty and subdue to theirs regulations.

Thank you for the link and information.

I think by the time the SEC catch up with the Minexpay/Minexsystem/Minexcoin and Republia scammers they will close their business down and say they are bankrupt in order to escape penalties

Minexcoin is a coin, not a token, and is not regarded as a security. And she passed the "Hovey test". Therefore, the principle of the SEC "tacit consent" applies to it.  
Do not carry nonsense - already tired of reading.  

Not true.Doesnt matter if ICO call it token or coin,SEC treat them same - like fundraising security financial vehicle.There were different opinions before about its real nature,but SEC decision make them obsolete. So SEC decision apply to all ICOs.No exceptions.

US court brought decision that all cryptocurrencies treat as securities which brings them all under SEC regulations rules. SEC shut down ICOs one by one with zero tolerance.You can check it  yourself:

https://futurism.com/cryptocurrencies-sec-ico


https://cointelegraph.com/news/sec-report-notes-dozens-of-investigations-into-icos-at-end-of-fiscal-year


https://cryptoslate.com/sec-cracks-down-fraudulent-icos-accounts-frozen/

1. Not true. If a coin produces tokens, then only some measures of the regulator can be applied to it. Minexcoin is not a token and has nothing to do with them.

2. Minexcoin graduated from ICO more than a year ago and fulfilled all obligations to investors.

3. Minexcoin passed the Howey Test and has all the relevant legal papers that it is not a security.

My God. ICO (Initial Coin Offering) - Minex is exactly that - no doubt in it.

2. Minexcoin graduated from ICO more than a year ago and fulfilled all obligations to investors. - that is a bad joke .Minex didnt realize absolutely nothing from they promised investors in whitelist.

3. Minexcoin passed the Howey Test and has all the relevant legal papers that it is not a security. - Nope.Minex never gone to any testing. US court made decision which put all crypocurrencies and tokens under securities and in SEC field of regulations.Judge rules that initial coin offerings are "securities" and SEC can go after ICO scammers for securities fraud under US securities laws.Can you read at all  


https://www.zdnet.com/article/judge-rules-cryptocurrency-ico-scam-case-falls-under-securities-law/

Oh well scammers will hopefully get extradited to the US to serve their LONG sentences there 

[1714053118]

1714053118

[thunderjet]

OK. One mystery solved. Now we know where coins form ICO fund are going( or at least one of theirs destinations).

These scammers should be investigated by Ukrainian law enforcement agencies

Much more problem to them and all other ICOs is SEC decision to shut them down and force them to give back investors money. SEC has it ways to enforce its will on them no matter where ICO is located.

That SEC ruling is for US citizens only right?

No. they already penalized some ICO which are not from US.You can see on a link below story how SEC  issued cease and desist order against a Russian Initial Coin Offering (ICO) that posed as Liechtenstein Union Bank

https://cointelegraph.com/news/us-regulator-issues-cease-and-desist-order-to-russian-ico-mimicking-liechtenstein-bank


Also everbody remembered how few years ago they forced Hong Kong based Bitfinex to pay penalty and subdue to theirs regulations.

Thank you for the link and information.

I think by the time the SEC catch up with the Minexpay/Minexsystem/Minexcoin and Republia scammers they will close their business down and say they are bankrupt in order to escape penalties

Minexcoin is a coin, not a token, and is not regarded as a security. And she passed the "Hovey test". Therefore, the principle of the SEC "tacit consent" applies to it.  
Do not carry nonsense - already tired of reading.  

Not true.Doesnt matter if ICO call it token or coin,SEC treat them same - like fundraising security financial vehicle.There were different opinions before about its real nature,but SEC decision make them obsolete. So SEC decision apply to all ICOs.No exceptions.

US court brought decision that all cryptocurrencies treat as securities which brings them all under SEC regulations rules. SEC shut down ICOs one by one with zero tolerance.You can check it  yourself:

https://futurism.com/cryptocurrencies-sec-ico


https://cointelegraph.com/news/sec-report-notes-dozens-of-investigations-into-icos-at-end-of-fiscal-year


https://cryptoslate.com/sec-cracks-down-fraudulent-icos-accounts-frozen/

1. Not true. If a coin produces tokens, then only some measures of the regulator can be applied to it. Minexcoin is not a token and has nothing to do with them.

2. Minexcoin graduated from ICO more than a year ago and fulfilled all obligations to investors.

3. Minexcoin passed the Howey Test and has all the relevant legal papers that it is not a security.

My God. ICO (Initial Coin Offering) - Minex is exactly that - no doubt in it.

2. Minexcoin graduated from ICO more than a year ago and fulfilled all obligations to investors. - that is a bad joke .Minex didnt realize absolutely nothing from they promised investors in whitelist.

3. Minexcoin passed the Howey Test and has all the relevant legal papers that it is not a security. - Nope.Minex never gone to any testing. US court made decision which put all crypocurrencies and tokens under securities and in SEC field of regulations.Judge rules that initial coin offerings are "securities" and SEC can go after ICO scammers for securities fraud under US securities laws.Can you read at all  


https://www.zdnet.com/article/judge-rules-cryptocurrency-ico-scam-case-falls-under-securities-law/

Oh my God. What are you talking about?
1. All invested money at the ICO stage was converted into coins for all investors.
2. Investors had the opportunity and the right to sell all received coins at a price that was more than 10 times higher than the price at the investment stage of $ 6.
3. Failure to comply with the deadlines for roadmap or some white paper products is not a violation of any law, except that you have only invented.
4. Minexcoin is not hiding, has not squandered existence, does not violate the law in any other way.
5. You are not a judge to argue whether the company is guilty or not of anything, and its guilt is not proven by the court. Therefore, your deliberately false, targeted accusation of minexcoin by any court can be considered a violation of the law. So think before you say something.

I think you can put an end to this.
Your beautiful pictures are irrelevant here. There may be fraudsters somewhere, but not here.

To say openly - I think that people on Minex/Republia payroll list deliberately misleading theirs investors.

1. All invested money at the ICO stage was converted into coins for all investors. - Minex raised money as ICO and that is labeling as ICO. ICO means Initial Coins Offering,so dont make naive about it

2. Investors had the opportunity and the right to sell all received coins at a price that was more than 10 times higher than the price at the investment stage of $ 6. -  you does not understand difference between investors and speculators. Speculators use their money for short term speculations on market.Dont care too much what company offer.Investors invest money in longterm and on basis what company promise to accomplish.They does not pull theirs money on first opportunity to sell.

3. Failure to comply with the deadlines for roadmap or some white paper products is not a violation of any law, except that you have only invented. - taking money from investors and then not delivering promised is a fraud and misleading of investors to invest in company.When some company take money and fail to deliver promised they have to pay compensation to investors or will be put on court as a deliberate fraud. Will Minex pay compensations to investors for product it did not deliver??? Plus,Minex made huge damage to investors with not holding price of MNX in promised range of 5%. Investors invested because such things and damage which Minex did to them ,Minex will have to compensate if wants to avoid lawsuits.

4. Minexcoin is not hiding, has not squandered existence, does not violate the law in any other way. - No,they unleashed theirs trolls to attack investors.If Minex did not compensate investors for not delivering promised and failing to keep price in promised range, it can count on lawsuit for sure,because scamming of investors.SEC will also sooner or later put Minex on shutdown blacklist if investors stay uncompensated.

5. You are not a judge to argue whether the company is guilty or not of anything, and its guilt is not proven by the court. Therefore, your deliberately false, targeted accusation of minexcoin by any court can be considered a violation of the law. So think before you say something.. -  Misleading of investors,not delivering promised ,failure to keep promised price range made significant damage to investors. If you think that Minex can get out of it without paying compensations to damaged investors than you are very naive.People and regulatory organizations will nail Minex for that.They do that for much less things. I am amazed how people from Minex think that they can do whatever they want and not to take any consequences for theirs actions.Their arrogance will be theirs doom

[TeMHuK]

Jolly, did you got new puppet? Go and say that to Satoshi Nakamoto  what a noobs. Crypto world is not for fools like JollyGood.

[majestymage]

i am regularly checking this thread for updates and info but lately i cant see any decent info about this project. only fud and old scam accusations

[thunderjet]

100.000 MNX coins left Minexbank XVFYK9MgdMDhYwwnTsEkqBFvUytC5QtWE4 due to parking payments.

Now, there are 428386 MNX  in Minexbank which is 28.55% of initial sum (1.5 million).

[Racquemis1]

100.000 MNX coins left Minexbank XVFYK9MgdMDhYwwnTsEkqBFvUytC5QtWE4 due to parking payments.

Now, there are 428386 MNX  in Minexbank which is 28.55% of initial sum (1.5 million).

Dude, are you seriously deliberately forgetting to mention the hot wallet?
total coins minexbank available is cold wallet amount plus hot wallet amount

Total amount is 428386 + 91372 = 519758 or 34.7 percent of initial sum
The team isn't blind and sees the number themselves everytime they transfer funds to hot wallet
Minexbank will survive, it will not run out. I'll ask how they will do that.

Theoretically they have other address which they can use for replenishment so there options.

[the_thing]

OK. One mystery solved. Now we know where coins form ICO fund are going( or at least one of theirs destinations).

]These scammers should be investigated by Ukrainian law enforcement agencies

What a clown  Cards are coming very soon. Don't listen this fool. He is mentally sick person.

How soon do mean by soon? Also it would be nice if you guys can share a picture or video of a real card.

[thunderjet]

100.000 MNX coins left Minexbank XVFYK9MgdMDhYwwnTsEkqBFvUytC5QtWE4 due to parking payments.

Now, there are 428386 MNX  in Minexbank which is 28.55% of initial sum (1.5 million).

Dude, are you seriously deliberately forgetting to mention the hot wallet?
total coins minexbank available is cold wallet amount plus hot wallet amount

Total amount is 428386 + 91372 = 519758 or 34.7 percent of initial sum
The team isn't blind and sees the number themselves everytime they transfer funds to hot wallet
Minexbank will survive, it will not run out. I'll ask how they will do that.

Theoretically they have other address which they can use for replenishment so there options.

No I dont. Iam talking about Minexbank cold wallet only for a reason. If you look at blockchain history of transactions you can see,till now,coins when go from cold wallet to hot wallet, it is one way trip and soon after they would be distributed to the people which parking contracts expire. That is why Iam always referring to cold wallet as main reference,plus cold wallet is one where 0.5 MNX from each mined block is coming as till now only way of replenishment. November and December are months when 1 year parking contracts expire, so pressure on Minebank will be bigger than usual.I know that team is not blind,but Minexbank lost 2/3 of initial sum during 1 year which is alarming.With present rate of 100.000 coins lose per month,Minexbank has max. 4 months of life.

Minexbank is victim of wrong Minex financial contsruction and its too big interest rate of 70% per year, which generates hyperinflation. Minex can put in Minexbank coins from Developpers fund as a short term solution.It will buy some time,but finally it will bankrupt anyway.

Lowering interest rate will also help Minexbank to survive some more time,but on the other hand will cause that more investors think of it as inusufficient and that lead to more selling coins on market and more pressure on its already low price.We all see that Minex team promise to hold price in +- 5% range completely failed and during year Minex just putting more and more premind coins from theirs reserves in circulation,but never bought it
back.When during 1 year value of company goes down 56x it is disastruos,reflects very bad work of Minex management and non-existing trust of investors in them.Minex team till now proved as completely incompetent both in financial and developping sector,so it is understandable why nobody believe they can make present bad situation better.Too many promises and too many failures to keep them.Minex is now interesting just to speculators which are willing to gamble that price of Mnx will stabalize and grow enough to make some quick profit before it goes down again.

[btcmegastar]

OK. One mystery solved. Now we know where coins form ICO fund are going( or at least one of theirs destinations).

]These scammers should be investigated by Ukrainian law enforcement agencies

What a clown  Cards are coming very soon. Don't listen this fool. He is mentally sick person.

How soon do mean by soon? Also it would be nice if you guys can share a picture or video of a real card.

Yes, the community will easily get updated if they manage to show how the Minexcards are going to be, if they manage to distribute the cards the definitely everything whoever saying negative about the Minexcoin. Let's wait for some more days in order to deliver the output from the team.

[thunderjet]

OK. One mystery solved. Now we know where coins form ICO fund are going( or at least one of theirs destinations).

]These scammers should be investigated by Ukrainian law enforcement agencies

What a clown   Cards are coming very soon. Don't listen this fool. He is mentally sick person.

How soon do mean by soon? Also it would be nice if you guys can share a picture or video of a real card.

Yes, the community will easily get updated if they manage to show how the Minexcards are going to be, if they manage to distribute the cards the definitely everything whoever saying negative about the Minexcoin. Let's wait for some more days in order to deliver the output from the team.

Payment card program failure is just one in string of broken promises. I agree with you that there are no any reason not to reveal with which card provider they have contract and to publish nice,big pictures of clearly visible cards with Minex or Chain2Pay logo on them.

People with obviously close relations with Minex keep talking how they are testing cards now.I see no reason why they refuse to reveal contract with card provider if it is valid and give pictures of cards with theirs logo on them .Every other company will instantly reveal to theirs customers good news how they have a valid contract with card provider. Iam just afraid that they are trying again(like with Novarise Secrecy) to find some shady way to avoid all neccessary regulations and procedures,to find workaround or loophole.That would be disaster,because VISA/Mastercard would cancel such cards very quickly.

[JollyGood]

WARNING!! Republia and Minexcoins/Minexsystem/Minexpay are operated by criminals trying to scam you.

Dear BitcoinTalk Community,

Both Republia and Minexcoins/Minexsystem/Minexpay are operated by scammers that use fake accounts and their own scammer accounts to pump threads and create fake hype.

BEWARE of Racquemis1, Temhuk and Borys Shulyayev because they are at the main criminals at play here using Republia and Minexcoins/Minexsystem/Minexpay to scam newbies and gullible investors

Also paid troll scammers such as jedgar and yurez83 are part of the scam because they spread propaganda

MINEXCOIN/MINEXSYSTEM/MINEXPAY = SCAM !!     

REPUBLIA = SCAM !!     

I have in the past that I have some of the regular scammers and paid trolls such as jedgar, yurez83, Racquemis1 and Temhuk on IGNORE so I am only replying to posts from genuine people only 

[thunderjet]

Another 60.000 MNX goes to Instabuy wallet .

110.000 MNX went from ICO fund to Instabuy in just 2 days. Unprecented level of outflow in so short time.

[JollyGood]

Who in their right mind would give away 1 BTC for 3941 MNX?

MINEXCOIN/MINEXSYSTEM/MINEXPAY = SCAM !!      

REPUBLIA = SCAM !!      

[TeMHuK]

Jollygood feels now about how useless is his FUD )) MNX team got big progress in last few day.

[JollyGood]

So that temhuk fool scammer has tried to make people believe the nonsense about the "card" 

It looks a total scam to me but the question again arises why temhuk is at the Minexpay/Minexcoin/Minexsystem office making videos when he is supposed to be an investor who sold his house and talked his family and friends in to investing in Minexcoin.

[allfriends88]

Jolly again lying about me. Actually anyone can visit MNX office. Only thing what you need to do is booking an appointment in advance. I'm so happy now because scamer named JollyGood will fail very soon  

It's been happening for a long time, unfortunately there is still a lot of people were fooled. somehow the way to know all the fact that there is, we should be more careful from now on.

[mr.pacy.mf]

instabuy is a cancer for mnx price because nobody buys on exchanges ...but in same time  instabuy is a paradise for scamer boris

[JollyGood]

instabuy is a cancer for mnx price because nobody buys on exchanges ...but in same time  instabuy is a paradise for scamer boris

 

Borys going to jail soon for making the Minexcoin/Minexpay/Minexsystem sharing his cell with temhuk

[mr.pacy.mf]

Jolly again lying about me. Actually anyone can visit MNX office. Only thing what you need to do is booking an appointment in advance. I'm so happy now because scamer named JollyGood will fail very soon  

do you know opinion of the employees in the minexsystems about you ?    

[thunderjet]

Jolly again lying about me. Actually anyone can visit MNX office. Only thing what you need to do is booking an appointment in advance. I'm so happy now because scamer named JollyGood will fail very soon  

do you know opinion of the employees in the minexsystems about you ?    

I remembered your bet with Temhuk in October,when Minex had contract about providing payment cards with Novarise Secrecy. You insisted that cards must have names and theirs logo on it,but Temhuk then keep repeating that cards will not have Minex or Chain2Pay logo on them.Basically it wont be theirs cards at all.

Now,they are saying how they are testing cards,but these cards also wont have Minex/Chain2Pay logo on them. Something is so fishy about it,because Temhuk told same story in October and make me think how instead to follow necessary procedures,they are trying again to avoid regulations and Visa or Mastercard procedures like it was case with Novarise Secrecy.That can be reason why they keep refusing to reveal name of new payment card provider,because they dont have valid agreement.

In the meantime ICO index put Minex on suspicious status:


https://icoindex.com/profile/minexcoin-mnc