CashFX Group has been having issues paying out since May of 2021 and looks like investors are starting to get frustrated with them.
To be honest, if you invested in a company and it haven't paid you for over a month, I am sure you would be frustrated as well.
There has been a lot of backlash from their investors on social media to the point where CashFX Group put out an announcement warning.
Terms & Conditions Warning:
Attention CFX members in social media,
We understand delays in routines that you have grown used to over 24 months of successful operations can be a cause of fear for many members, please remember CFX has never failed to pay our global membership.
These delays are not a warning of a future failure, but rather our unwavering focus and diligence in taking the correct actions to ensure a long, healthy and successful business partnership with you and our CFX family.
It is important that you are aware, frustration is no excuse for abusive or slanderous Social Media posts. Please be sure that you have read the CFX Terms & Conditions well before making such comments. Bitcoin stability is returning, withdraws are all getting caught up, however, your comments could have your account permanently terminated from CFX, a project that has the capacity to change your financial life.
Thank you for your cooperation and understanding!
We are all together building a legacy!
When it comes to Bitcoin, it did take a massive hit in the last few months where it was up as high as $64,000 and dropped to $30,000.
As of right now it's hovering around $38,000 and trending up.
Looking at the Bitcoin chart and when CashFX group had pay out issues, it's around the sametime when Bitcoin dropped by almost 50%.
When comes to the traffic numbers coming into CashFX group, it's pretty linear right now.
In most MLM companies in this nature, this is usually the beginning of the end.
CashFX group might come out of this, but to be honest if their main source or revenue to the company is through recruitment, the company will eventually go under and crash.
CashFX group also has had securities fraud warnings in New Zealand, Norway, UK, the Bahamas, Panama, British Columbia (Canada), Jersey, Quebec (Canada), Saskatchewan (Canada), New Brunswick (Canada) and Manitoba (Canada).
That is quite the list, almost as big as Mirror Trading International which had a similar business model that operated out of South Africa.
If the company was operating legally, that wouldn't have happened.
It is my humble opinion that new investments are paying off existing members and the securities fraud warning make that more and more clear.
Will let you know if they ever start paying out again…
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