The consequences of multi-accounts
Dear Maxpread Community,
As we announced earlier, today we would like to explain in more detail why there are problems with payments.
As we have already mentioned, there was a massive creation of so-called multi-accounts in one of the structures. This means that a perfect binary structure was created for which additional rewards in the form of MUSD were provided. These funds were then used over and over again to create new accounts. This led to too many illegally created funds flowing out of the company at some point. When MUSD was then unofficially and on a large scale sold and transferred at too low a price, it caused the first damage to the system. At the time, we were confident that we could still steer the situation in the right direction.
However, when we started checking accounts, we simultaneously encountered hacking attacks that did massive damage to our system. We tried diligently to stabilize the system, but the attacks became more and more intense and caused enormous damage to the company. Maxpread's image was also severely compromised, causing our partner AGORA to turn its back on us and refuse to do further business with us.
The hacker group that is now terrorizing our system and all members is intent on destroying Maxpread. This is a deliberate campaign from the outside that is being waged against us by any means available.
This brings us to the point where we are today, and it now raises the question of how we can move forward. There is no doubt that we will continue. All we need from you as a community right now is some time to present our contingency plan. There is a team of dedicated people who are tirelessly working working tirelessly to create an emergency plan and accomplish the seemingly impossible.
We are currently working to build a solid and reliable foundation to ensure a profitable future for all of our valued participants. While this process will take some time, we are committed to transparency and will keep you updated.
Stay tuned as news comes out soon.
Thank you for your understanding,
Maxpread Team
Dear Maxpread Community,
As we announced earlier, today we would like to explain in more detail why there are problems with payments.
As we have already mentioned, there was a massive creation of so-called multi-accounts in one of the structures. This means that a perfect binary structure was created for which additional rewards in the form of MUSD were provided. These funds were then used over and over again to create new accounts. This led to too many illegally created funds flowing out of the company at some point. When MUSD was then unofficially and on a large scale sold and transferred at too low a price, it caused the first damage to the system. At the time, we were confident that we could still steer the situation in the right direction.
However, when we started checking accounts, we simultaneously encountered hacking attacks that did massive damage to our system. We tried diligently to stabilize the system, but the attacks became more and more intense and caused enormous damage to the company. Maxpread's image was also severely compromised, causing our partner AGORA to turn its back on us and refuse to do further business with us.
The hacker group that is now terrorizing our system and all members is intent on destroying Maxpread. This is a deliberate campaign from the outside that is being waged against us by any means available.
This brings us to the point where we are today, and it now raises the question of how we can move forward. There is no doubt that we will continue. All we need from you as a community right now is some time to present our contingency plan. There is a team of dedicated people who are tirelessly working working tirelessly to create an emergency plan and accomplish the seemingly impossible.
We are currently working to build a solid and reliable foundation to ensure a profitable future for all of our valued participants. While this process will take some time, we are committed to transparency and will keep you updated.
Stay tuned as news comes out soon.
Thank you for your understanding,
Maxpread Team
