@PVMihalache 29 October 2020 more from that month

GPay - the UK crypto trading platform closed for fraud! Scammers gonna scam! The middle of 2020 was full of scams and and the DeFi food court is shady as well. What started with  the Wirecard insolvency and a huge scandal involving a 3.2 billions Euro debts owed to their creditors was continued with a scam targeting Stellar holders and four attacks on the DeFi platform Balancer with half million dollars drained from multi-token pools. The newest scandal comes from the United Kingdom, where the cryptocurrency trading firm Gpay Ltd was shut down by the High Court. Naive customers were convinced to use GPay through false advertise. When users attempted to remove funds from their trading accounts, they couldn't until they submitted copies of their photo ID, a utility bill and debit or credit card, even if this level of information was not asked when they made deposits. The investigation started confidentially, and uncovered that over 100 clients lost approximately £1.5 million while using GPay.

During the investigation, GPay did not defend and had no legitimate presence at its registered office address, which appeared to have been abandoned. GPay was allegedly the brainchild of a group of criminals largely based in Israel including Gal Barak, Karsten Uwe Lenhoff, Marina Andreeva, Amit Hulin, Kfir Levy, Jesse Tally, and Itzik Gellet who conceived, designed, built, operated and ripped off hundreds of investors operating a variety of huge broker scams including GPay Ltd, XTraderFX, SafeMarkets, Golden Markets, CryptoPoint, OptionStars accumulating over 66 million Euro from investors across Europe. GPay persuaded customers to part with substantial sums of money to invest in cryptocurrency trading. This was nothing but a scam as GPay tricked their clients to use their online platform under false pretences and no customer has benefited as their investments have been lost. We welcome the court’s decision to wind-up GPay as it will protect anyone else becoming a victim. This scam should also serve as a warning to anyone who conducts trading online that they should carry out appropriate checks before they invest any money that the company is registered and regulated by the appropriate authorities. -  Deputy Judge Baister  This will add another black chapter to the crypto-market book, and will fuel those who are skeptical against the advantages of cryptocurrencies. The moral of the story is simple... if something looks to good to be true, than is not true! **Links and referrals** High Court shouts GPay https://medium.com/the-blockchain-news/uk-courts-slams-doors-on-gpay-ltd-cryptocurrency-trading-website-1-5-in-stolen-funds-30d48dfaf52e Allegedly fraudulent GPay shut down https://cointelegraph.com/news/allegedly-fraudulent-crypto-exchange-shut-down-by-uk-high-court/amp Coinbase Earn - Up to $59 Compound (COMP) https://coinbase.com/earn/comp/invite/xghn36t9 **Coinbase Earn - Up to $50 worth of EOS** https://coinbase.com/earn/eos/invite/d1ztp30q **Amazon author page:** PV Mihalache https://www.amazon.co.uk/-/e/B019FB0ZNG **Quality Faucets:** Stakecube (20 daily faucets) https://stakecube.net/?team=sadu1 Tier 4 referral system: Horizen (ZEN) & ZCash from PipeFlare & GlobalHive https://getzen.cash/auth/register?ref=252508 https://pipeflare.io/r/zxn https://globalhive.io/auth/register?ref=1917 **FreeCryptos Gang**: DASH, TRX, ETH, ADA, BNB, LINK, NEO & BTC https://freedash.io/?ref=3945 https://free-tron.com/?ref=24942 https://freeethereum.com/?ref=39797 https://freecardano.com/?ref=228676 https://freebinancecoin.com/?ref=32397 https://freechain.link/?ref=1187 https://freeneo.io/?ref=1474 https://freebitcoin.io/?ref=319383 **Coinpot Gang:** DASH, BCH, DOGE, LTC, BTC & BTC2 http://moondash.co.in/?ref=D6EA38BF9E32 http://moonbitcoin.cash/?ref=E09F6730A19D http://moondoge.co.in/?ref=E09C54FEC554 http://moonliteco.in/?ref=49E875DC0626 http://moonbit.co.in/?ref=BE0EDE0CD1DC https://freebitco.in/?r=7275997 Free-Litecoin.com (LITECOIN) https://free-litecoin.com/login?referer=895809 **Join** **Lbry.tv** **to earn watching videos &** **Publish0x** **to earn while you read** https://lbry.tv/$/invite/@MindPuzzles:9 https://www.publish0x.com/?a=pmbk1p5ezJ **I use** **Brave** **and** **Presearch** **to earn BAT and PRE while surfing online?** https://brave.com/pvm417 https://presearch.org/signup?rid=1695040