EgoPay.com - the threat of closing the payment system.

An unpleasant situation arose last week with one of the payment systems, which was widely popular in many hyip-projects. As you understand from the header, the problems arose in the work of EgoPay. According to numerous complaints, large amounts of money were written off and blocked from the users' purses. Of some sources, complaints started to arrive in December, but at that time there were only isolated cases. Now the situation has escalated into a large-scale problem, millions of dollars have been blocked on the accounts, the majority of private money changers and large exchange services have been affected, and administrators of high-yield projects and ordinary investors probably did not manage to hit the pocket without a blow.

Let us remind you that the last major closure was a drop in the spring of the year 2013 Liberty Reserve payment system, which is charged with conducting an unlicensed money transmitting business and was closed under pressure from the US authorities. Here, the circumstances look a little different. As it turned out, the leaders themselves EgoPay payment system involved in the monetary machinations transfers.

At one of the largest Russian-language MMGP forums, representatives of the Payeer payment gateway, who also suffered from fraud, describe a preliminary scheme of action for Egopay admins: large payments through EGOPAY recently (under the guise of different clients since the beginning of December 2014) and they coincided - all addresses in Lithuania, one provider. Thus, the EGOPAY administration injected money into various services through its own system for large amounts (20-30k at a time), withdrew money from those services, and then blocked the same money in its system. "

EgoPay's administration, for its part, claims a system hack has resulted in the loss of over $1 million. Recovery measures are currently underway and they urge everyone not to panic. Naturally, this story is hard to believe, as all the evidence points to a different conclusion. Furthermore, there are no detailed explanations anywhere regarding this matter; the payment system's website, official blog, or social media platforms are completely lacking information. They're sending a Skype request to [email protected] , but no one has yet received a return email. Creating tickets has resulted in a similar response. Many exchange services have already suspended operations with EgoPay and are not processing this type of exchange. Funds in the accounts of system participants are still frozen, and we will continue to monitor developments. We strongly recommend completely avoiding any transactions with this payment system until the circumstances are clarified and exercise caution.