ICO fund used for selling premined coins on Instabuy is already empty.Minexbank will be soon too. They still have 980000 premined coins in Developper fund and I believe they will use it for Minexbank and Instabuy,but at present price it will be enough for only 3 months. And IF and only IF price does not go down further ,which is highly unlikely due to massive coins influx from selling and parking.Mine estimation is 1.5-2 months.
Selling via Instabuy significantly dropped last week which can be a sign that market is oversaturated and cant absorb much more coins in the future.In that case Minexcoin will be forced to sell coins directly on exchanges to fund its expenses - and that will accelerate already bad situation so much that MNX would hardly survive 1 month in such conditions.
Investing in video game is not originally Boris idea - what one construction guy can know about making video games and its market? Nothing. Iam sure it was somebody else idea,somebody who Boris trusts.Somebody younger,his son or some younger associate or combined. Whatever , it was definitely very bad idea. It is pure gambling with very bad odds,but gambling with investors money not his own.
Today is a 5th day from theirs tweet that they lost ability to refill cards. This is too much time for some technical problem.Maybe this guy was right that Upaycard or Mastercard blocked theirs account:This scam is slowly going to it's logical end.
1. The price of the coin and 24/H volume are almost nothing (Much more lower than ICO price)
2. Cards are blocked by Upay and mastercard.
3. All investors are ripped off.
4. Boris and affiliates will face criminal charges for illegal financial operations, online fraud and card fraud.
5. Some Russian dudes who lost money in this scam are actively looking for Boris&Co
Why are users not posting in the official censored thread complaining? Something is not adding up here because if customers cannot load their cards (at the very expensive rates set by the Minex team) then they should make collective complaints. Maybe they are complaining on their Telegram channel.
What can a demolition man (with 23 Court cases that he was implicated in) actually know about all this gaming and coding business?
Boris was out of his depth. he should have stuck to concrete, bricks and tax evasion. He was using the ICO funds to pay the staff their salaries and gambled om MNX taking off but this project has been a massive failure.
The inner circle scammer alliance consisting of Temhuk and Racquemis1 along with paid trolls such as Jedgar, Yurii Pohrebniak / yurez83, akira128 and the others have gone quiet while their MNX project collapses around them.