Mirror (non)Trading International 2 - The Fallout

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quovadis

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gensix said:
Sure, given that I don't intend to embrace my liability, or to comply with anything - but simply to run an illegal ponzi scheme, in whatever environment I can get away with it.
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You forgot to add “and tell everyone that it’s perfectly legal and you intend to comply, eventually”

Tell me something, if you become aware that you are committing a crime and then pivot to some other activity does the original transgression then cease to exist?
 
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Waldman Jordaan

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I'm just trying to figure out why MTI is playing for time? What are they trying to achieve as its cleat that they are bleeding out - fast.

Only thing I can think of is for them to get out of Dodge ASAP.

I'm starting to change my mind on the FSCA's role in all of this. Maybe the FSCA should stay out of it, since MTI is going down on its own. Then only step in once MTI has gone titsup good and proper.

Maybe MTI wants to play the blame game if the FSCA steps in, or they are just prolonging the inevitable, namely an investor applying to declare MTI insolvent. I'm actually surprised that the latter has not happened yet. Do the big investors (and there has to be investors putting in big money) not realize that the pot is getting less and less?
 
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PunisherI386

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Having read the last few pages, I think it's clear that MTI is a criminal enterprise and is set on evading regulation rather than complying with it.

With that in mind, you should weigh them against other criminal enterprises. They are amateurs. They are extremely public about who is involved. They brag about how much BTC they have. They also keep their loot in an unregulated but public system. The Dread Pirate Roberts understood the value of anonymity where these morons dont.

When you look at some of the places that we've mentioned in the last few days. These countries home to other criminal enterprises. These groups are there for similar reasons as MTI. MTI have spent so much time watching the police, they have ignored the competition. FSCA is the least of their problems.

JS and lindtball don't look like the athletic type. How quick do you think they will be running away from Russian mobsters or Mexican cartels.
 
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newby_investor

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Morning update:

@Thugscub thinks it's already dead.
@justreading and @MONTHEBIFF733B think 9 Dec.
@Bsouthafrica for 10 Dec (today).
@Frikkadel23 for 11 Dec.
@Waldman Jordaan and @DarKnyt for 12 Dec.
@KingMikel for 14 Dec.
@Bruce Scott and @DesertWrangler for 15 Dec.
@r00igev@@r, @Wary GOM and @Spxdxrbxtxs for 16 Dec.
@MissKnow-a-Little for 17 Dec.
@charliedaniels for 18 Dec.
@Dr Ong reckons 20 Dec.
@Bandersnatch for 21 Dec.
@Giepie1 and @PrinceVlad for 22 Dec.
@borga for 24 Dec.
@LJ1234 for 25 Dec.
@Snyper564 and @soulie both for 27 Dec.
@supersunbird for 28 Dec 2020.
@Ice Ice Baby for 31 Dec 2020.
@quovadis for 5 Jan 2021.
@Tman* for 10 Jan 2021.
@Whyarewehere and @Decor13 for 11 Jan 2021.
@Lars Vloging for 13 Jan 2021.
@IndigoIdentity for 15 March 2021.
@gensix reckons they have it in them to drag it on until 30 Aug 2022. Or 30 Dec 2020 if his uber-AI is better than MTI's. Or somewhere in 2025 if they all run offshore.

I've checked a few news sites, no mention MTI since 25 November's Moneyweb thing.
 
NarrowBandFtw

NarrowBandFtw

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gensix said:
They understood the regulatory environment as one free of requirements, when pressed regarding their forex trading, they switched to Crypto, now that FSCA plans to regulate Crypto they need to switch somewhere else that regulation does not exist. Their business model simply will not survive regulation.
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deposit taking and paying income directly from those deposits (i.e. a Ponzi scheme) is illegal, it doesn't matter which currency it happens in

fyi there is no trading going on, not forex, not crypto, purely deposit taking and robbing from Peter to pay Paul, no new regulations are required, just enforcement
 
Spxdxrbxtxs

Spxdxrbxtxs

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gensix said:
I thought the original server was in India, and has now migrated - to where?. Is there positive confirmation by ip of it's location? In any event, currently Cryptocurrencies are not regulated in India, if that;s where it is physically located.SA i now a jursidiction with the intent of regulating crypto,
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Crypto might not be regulated in india they do have a legal system - take a look at this -
.

(Posted before- too lazy to look up who for credit)
*Edit - it was @PsyWulf
 
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Spxdxrbxtxs

Spxdxrbxtxs

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r00igev@@r said:
They use Maxtra Technologies in India at IP 182.76.237.227
You'll see it on the spf DNS record.
You can confirm this using: curl -v -H "Host: mymticlub.com" 182.76.237.227

The previous IP was 162.241.66.134 which was in Texas. Not to smart...

Maxtra Technologies is an Indian ponzi sweat shop.

You can nmap or nikto that address as well for research purposes.

Edit:
So research says that box has remnants of https://www.facebook.com/ghentrepreneursnetwork/
and FreeTalk South Africa https://epages.co.za/freetalk-south-africa-cape-town/ and it has a Sophos firewall in front of it.
All references listed on the Maxtra clients page. MTI has a second hand ponzi box. Not even a new one.
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JayM said:
New registrations also failing most of the time, conveniently displaying a MySql error message showing the full non-parameterized SQL they use to insert new entries. I imagine it would be fairly trivial to break in. Oh yes, they're also leaking their new server IP address:

www.whois.com

Whois IP 182.76.237.253

Whois IP Lookup for 182.76.237.253
www.whois.com www.whois.com
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Still Maxtra
 
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