Tag: Trillant

Open Letter To Alchemy Pay Regarding The L7 DEX Crypto MLM Scheme!

High-risk payment processors Ben - December 19, 2023

This is an open letter to Alchemy Pay which we discovered to be the payment processor and crypto card issuer behind the L7 DEX crypto MLM scheme. Alchemy Pay is registered in Lithuania as a Virtual Asset Service Provider. In our letter we request Alchemy Pay to influence its client L7 DEX to provide all legally and regulatory required information about the operators on their website.

Attention: Stay Away From Crypto MLM-Schemes Promising Quick Riches! You Will Loose Money!

MLM Schemes Mark Lagarde - December 18, 2023

Paraiba World was a vast MLM scheme founded by the Austrian Erich Ely. The (potential) members were promised quick riches through crypto investments. Regulators in various jurisdictions have issued warnings. Public prosecutors are investigating. The scheme has consequently renamed itself Trillant and launched its own Trillant Coin. A total of between €150 and €200 million is said to have been collected by Paraiba World and Trilliant.

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