Please, when you make the next video about the MNX card demo do show the card atleast once.
Thank you

https://www.sec.gov/news/press-release/2018-264

FOR IMMEDIATE RELEASE
2018-264

Washington D.C., Nov. 16, 2018 —
The Securities and Exchange Commission today announced settled charges against two companies that sold digital tokens in initial coin offerings (ICOs).  These are the Commission’s first cases imposing civil penalties solely for ICO securities offering registration violations. Both companies have agreed to return funds to harmed investors, register the tokens as securities, file periodic reports with the Commission, and pay penalties.

According to the SEC’s orders, both CarrierEQ Inc. (Airfox) and Paragon Coin Inc. conducted ICOs in 2017 after the Commission warned that ICOs can be securities offerings in its DAO Report of Investigation.  Airfox, a Boston-based startup, raised approximately $15 million worth of digital assets to finance its development of a token-denominated “ecosystem” starting with a mobile application that would allow users in emerging markets to earn tokens and exchange them for data by interacting with advertisements.  Paragon, an online entity, raised approximately $12 million worth of digital assets to develop and implement its business plan to add blockchain technology to the cannabis industry and work toward legalization of cannabis. Neither Airfox nor Paragon registered their ICOs pursuant to the federal securities laws, nor did they qualify for an exemption to the registration requirements.

“We have made it clear that companies that issue securities through ICOs are required to comply with existing statutes and rules governing the registration of securities,” said Stephanie Avakian, Co-Director of the SEC’s Enforcement Division.  “These cases tell those who are considering taking similar actions that we continue to be on the lookout for violations of the federal securities laws with respect to digital assets.”

“By providing investors who purchased securities in these ICOs with the opportunity to be reimbursed and having the issuers register their tokens with the SEC, these orders provide a model for companies that have issued tokens in ICOs and seek to comply with the federal securities laws,” said Steven Peikin, Co-Director of the SEC’s Enforcement Division.

Today’s cases follow the Commission’s first non-fraud ICO registration case, Munchee, Inc.  The Commission did not impose a penalty or include undertakings from Munchee, which stopped its offering before delivering any tokens and promptly returned proceeds to investors.

The orders impose $250,000 penalties against each company and include undertakings to compensate harmed investors who purchased tokens in the illegal offerings.  The companies also will register their tokens as securities pursuant to the Securities Exchange Act of 1934 and file periodic reports with the Commission for at least one year.  Airfox and Paragon consented to the orders without admitting or denying the findings.

The investigation into Paragon was conducted by Pamela Sawhney of the Enforcement Division’s Cyber Unit and was supervised by Robert A. Cohen, Chief of the Cyber Unit.  The investigation into AirFox was conducted by Colin D. Forbes, Emily R. Holness, and Michael J. Vito and supervised by Celia D. Moore, Amy S. Gwiazda, and John T. Dugan of the Boston Regional Office.  The SEC appreciates the assistance of the Massachusetts Securities Division.





SEC is starting to come down hard on ICOs as illegal sales of securities.

ICOs have to refund their investors.

If anyone from the States took part in the Minex ICO and Republia ICOs you should get in touch with the SEC.

Doesn't matter that these cunts are from abroad.

They are meant to go to conferences supposedly in the States soon.

Get these cunts thrown in jail and ask for your money back.

They are blatantly scamming.

I fully expect that the SEC's European counterparts will also be doing the same.

So, don't think that you scamming twats are safe.

Save all your transactions so you can prove when you bought and sold the tokens, especially if you sold at a loss.

These are needed as evidence for refunds.

Not pissed off that all. I happily keep holding. nothing is crumbling. Only your intelligence is.

LieYou can't have in person since you never run a card program yourself. Everything you think you know how a card program works is based on assumption since you have not been involved yourself.


Lie You can. There must be communication between the minexpay and bank systems. The bank supply an API for that. Bank can just issue one of their normal credit cards for the API and system to be tested. Just like what is done now with the test cards. Nobody said they were the final Minexpay cards. The systems are being tested.

Always going to the technicalities, you know what i mean. Who cares who prints its it will always be comissioned by the bank.

Again flawed thinking. Just because they had a deal with NovaRise with scammed MinexSystems doesn't mean they didn't have other lines of communication open.
You really think that all the work to be done has to do with the bank. the 8 to 10 months work mostly has to do with regulatory work,gaining operating licenses from governments, when a deal falls through you don't have to throw that all away and start from scratch.

Lie It was not a promise. It was a target! There is a big difference here. If the minexbank reserve was larger we maybe could have reached it. But nobody will know for sure.
Ultimately you can't control people, people will sell or buy whenever they like. Minexbank can't control people. I think we all wanted it did, but then again if they had a algorithm that could predict human behaviour 100% i think they would starting an entirely different bussiness.
Minexbank is ultimately something that needs to be revised. But first the coin needs to real uses instead of being just a speculative instrument otherwise there wont be natural growth but just price inflation without anything backing it up.

You forget the card is basically a credit card used as a debit card like has been shares earlier. If i load a card with 20.000 euro's i could spend all of it in day even if my credit limit was 1000 dollars. Because it's debit!
No need to discuss credit limits with bank when all you use is debit.

Lie!. MinexSystems really thought they had a deal. Its not their fault they got scammed by a con-man

Even you could have been conned, nobody is infoulable.

Lie!. The company does not run on MNX funds. they have had their own outside investors. They're business is un from their own fiat bank accounts.
They don't rely on the price of MNX.

Another Lie Project Republia is by Boris is his son yes.He's perfectly okay to run his own crypto projects. Boris only acts as escrow and maybe advising.  Everything else you say in based in assumption.
You whine about having parking, and debit cards. but forget thats only a small part of RPB
RPB is a Ethereum competitor, totally different from MNX. If RPB wants to have debit cards why not do it through white labeling Minexpay. Win-Win for everybody
More money flowing into the Minexcoin eco-system. A partnership in this could be a good thing

All people should give SEC video about how Minex CEO gives false promises:

https://www.youtube.com/watch?v=JQvs_4c39cs

I download it from Youtube in full HD,because there is a significant chance that it will be erased.

"You can't have in person since you never run a card program yourself. Everything you think you know how a card program works is based on assumption since you have not been involved yourself"

- This is exactly what are you doing.You dont have a clue how card program works,you have never run it,but you give other people lectures as an expert.For your info - I worked 8 years in banking sector.Not directly with card program,but Iam knowing very good how it works and what are needed requirements and procedures.All I said is not assumtions(that is what you are doing) but facts.  


"Always going to the technicalities, you know what i mean. Who cares who prints its it will always be comissioned by the bank."

- Your statement about " technicalities" just expose you as a complete amateur who dont have a clue about it. One more thing - banks are not exclusive card program issuers. VISA and Mastercard give licenses to the other financial companies too. Banks are exclusive issuers of credit cards only.Debit card can issue bank or some other financial company who get license from VISA or Mastercard.


"Again flawed thinking. Just because they had a deal with NovaRise with scammed MinexSystems doesn't mean they didn't have other lines of communication open.
You really think that all the work to be done has to do with the bank. the 8 to 10 months work mostly has to do with regulatory work,gaining operating licenses from governments, when a deal falls through you don't have to throw that all away and start from scratch."

- Minex is advertising non-existing card program for months.They have no contract ,no nothing.8-10 months are not just regulatory things as you think. There are so much paper works, so many requirements.It is not a  task for 1-2 individuals,but for team of people specialized in financial business. Chain2Pay ,company founded by Minex to provide payment card services has NO ANY FINANCIAL BUSINESS LICENSE. NONE. Chain2pay has no any employees,just founder Boris,so I cant see how it can accomplish such complicated procedure not in 8-10 months,but ever.  Chain2Pay was founded on 18th.september.2018. All regulatory and card program licenses have to be tied to this company and Minex couldnt obtain them earlier when company didnt even exist.    


It was not a promise. It was a target! There is a big difference here. If the minexbank reserve was larger we maybe could have reached it. But nobody will know for sure.
Ultimately you can't control people, people will sell or buy whenever they like. Minexbank can't control people. I think we all wanted it did, but then again if they had a algorithm that could predict human behaviour 100% i think they would starting an entirely different bussiness.
Minexbank is ultimately something that needs to be revised. But first the coin needs to real uses instead of being just a speculative instrument otherwise there wont be natural growth but just price inflation without anything backing it up.

- Yes it was a promise. You can talk about it as a target if Boris did his presentation just for his employees,as a plan for company in the next period. But he didnt do that.He made public presentation for investors,gave false promises ,lied and misleading people deliberately. Only this is more than enough for SEC to make a public example from him and Minex.


You forget the card is basically a credit card used as a debit card like has been shares earlier. If i load a card with 20.000 euro's i could spend all of it in day even if my credit limit was 1000 dollars. Because it's debit!
No need to discuss credit limits with bank when all you use is debit.

- OMG. "the card is basically a credit card used as a debit card" - WOW! - that is such nonsens that made me speechless.


- OMG No2. "No need to discuss credit limits with bank when all you use is debit".- you cant advertising payment cards with all thiers specifications, before you have a contract with card issuer !!! Before that you cant know what the exact specifications will be !




MinexSystems really thought they had a deal(CSOB bank). Its not their fault they got scammed by a con-man

- Yes it is Minex fault.There are so much public evidences that Novarise Secrecy owner is a convicted fraudster,but Minex didnt check his credibility. That thing alone shows clearly how people from Minex are unprofessional,not to say something worse. And you tell me that these people can obtain financial and payment card program license few times faster than every other company!? - OMG No.3



The company does not run on MNX funds. they have had their own outside investors. They're business is un from their own fiat bank accounts.
They don't rely on the price of MNX.

- Well,when some company loses 97.5% of its value for a year it tells so much about company.Obviously, investors has no any trust in it,so they are selling theirs assets as fast as possible to get away from crumbling company. Remember- price of company is closely tied with investors trust in it !!!



Project Republia is by Boris is his son yes.He's perfectly okay to run his own crypto projects. Boris only acts as escrow and maybe advising.  Everything else you say in based in assumption.
You whine about having parking, and debit cards. but forget thats only a small part of RPB
RPB is a Ethereum competitor, totally different from MNX. If RPB wants to have debit cards why not do it through white labeling Minexpay. Win-Win for everybody
More money flowing into the Minexcoin eco-system. A partnership in this could be a good thing


- Well,I can say that daddy gifted an ICO to his son. Minex and Republia share same program( parking rates,debit card program,how banks works,etc...) So it can be said that Republia is copy of Minex with some minor changes.  "RPB as Ethereum competitor" - WOW, that is a spirit! Unfortunately it is just a dream and nothing else. Dream on.

Thanks to Racquemis1 for the answer to this troll-thunderjet !! You put everything on the shelves. 👍👍👍👍
As you see, they (the troll team) are spamming the same messages and it is logical to assume that this is a team paid for by competitors. But all their facts are just fantasies and they don’t have evidence, which is why they are actively engaged in spam attacks. Well, when the cards will be in the hands of users they will have to shove their false languages and disappear .. 

 


No doubt scammer Racquemis1 wishes it was Bitcoin and not MNX

After saying all that nonsense does not change the fact that MNX has working cards.
[/quote]

Umm no they don't

kids these days roaming around this thread, oh shit, do they effectively look so many?? 

I miss the account of BitPotus here, why he always use his other alt accounts?? 

and that's how you bitch slap scammers.