Maxigrid Case Update – Law enforcement investigations and Serbian boiler room activities
Since May 2020, we have been reporting on the Maxigrid Case. In a nutshell, Maxigrid Ltd of Israeli Roy Almagor and its CEO Jekaterina Pedosa, regulated by CySEC under license number 145/11, has been processing funds as an unlicensed payment processor for many broker scams such as RoyalsFX, LincolnFX, 10CryptoMarket, RoyalCBank, and others. For this purpose, Maxigrid used its bank account with the Lithuanian GlobalNetint as well as its own crypto platform BitandBuy. Victims of these scams have provided us with many documents proving this. At least one victim has filed a lawsuit and criminal charges through his attorney.