The LGreen Ponzi scheme has collapsed.
Issues started roughly 5 weeks in the past with withdrawals delays. These culminated in LGreen’s web site being pulled offline over the weekend.
In a web site replace to buyers final week, LGreen introduced it was “droop(ing) monetary transactions”.
Because the occasion in Panama (precisely 5 weeks), now we have had a number of challenges.
Throughout this era you hear a really giant quantity of Steadiness being eliminated, packages being activated incorrectly, accounts being generated with excellent binaries and numerous quantities being withdrawn in BTC.
Subsequently, we determined to droop monetary transactions, establish and punish such customers till the issue is mitigated.
We’ll hold everybody knowledgeable.
At time of publication LGreen’s web site stays inaccessible.
LGreen began off as Lance Cerato Group in 2020. The Ponzi scheme was run out of Brazil by serial scammer Anderson Salgado.
Lance Cerato Group was constructed across the failed LCE shitcoin. It collapsed in late 2021, prompting a number of reboots.
The reboot that caught was Lance Inexperienced. Lance Inexperienced launched in late 2022. It was rebooted once more with the title shorted to LGreen in early 2023.
Following LGreen’s collapse, the standing and whereabouts of Salgado is unclear.
As of December 2023, SimilarWeb tracked prime sources of site visitors to LGreen’s web site because the UK (26%), Eire (14%), the US (14%), France (8%) and Israel (8%).
Complete LGreen buyers numbers and the way a lot they’ve collectively misplaced stays unknown.