Batched buyers are purportedly being funneled into Micah Theard’s CashFlow NFT Ponzi scheme.
Particular particulars are sketchy however, all through April 2023, behind-the-scenes data suggests CashFlow NFT acquired Batched.
BehindMLM reader Ray has been holding us updated.
April fifth:
Replace: so apparently Oscar has discovered a brand new firm keen to put money into his know-how.
The telegram group has now been unblocked and everybody on there was requested to e mail Kathy immediately if you wish to go together with this new firm or choose out.
If you happen to choose out, it simply means which you can declare that you simply misplaced your funding for tax functions, and you may all the time select to file what could also be a class-action regulation swimsuit in opposition to Oscar’s former companion for scamming everybody and taking off.
If you happen to choose in, then you can be onboarded with the brand new firm. Nevertheless, zero particulars have been launched about who the brand new firm is and what meaning for all earlier Batched Node holders.
Given the timing, I initially thought the unnamed buying firm was NextGen.
In late March at a advertising and marketing occasion held in Cyprus, NextGen introduced it had white labelled Batched’ fee processing platform.
April fifteenth:
Right here is the most recent replace by the Telegram group chief, which could be very obscure by the way in which, however that is what it mentioned:
Hello guys updates coming quickly ..I already had an introduction zoom with some hand picked leaders and Micah co proprietor of latest firm and can coordinate with Micah to have one other zoom within the subsequent 2 weeks ..Solely small teams at a time.
As soon as I affirm a date and time I’ll begin direct messaging you on date and time ..Thanks in your endurance!
April twenty eighth:
So I wasn’t capable of get into the zoom assembly to listen to about this new firm that desires to purchase/put money into the Batched (Uulala) know-how and naturally the Telegram Chat group was as soon as once more locked and solely the moderator (Kathy eager) has entry to submit, in order that’s stopping individuals from chatting in regards to the zoom assembly.
BUT…. once I tried to affix the group the zoom said that the host was in actual fact: Micah Theard.
Go learn just a few posts earlier, that is whom I figured was going to be the brand new huge investor in Batched.
Following on from this preliminary Zoom webinar, CashFlow NFT held a public webinar on April twenty ninth.
The sooner webinar was confirmed by Theard early on;
We did do a sneak peek to a smaller group … typically we are going to let our core group, those that’ve actually are available in behind us have some privileges.
And I did have (the) privilege of getting the knowledge that everybody’s going to see right now, a bit of bit early.
At [53:19] into the webinar, Theard covers CashFlow NFT’s new acquisition.
We now have acquired new know-how. We now have a nodes system coming.
Day-after-day you run your nodes, you obtain rewards. And the nodes are there to validate transactions.
These nodes can be on the market and are mainly cash printing machines.
That’s just about the pitch for Uulala’s “validation node” funding scheme.
Proprietor Oscar Garcia merged Uulala into Batched in late 2021.
Versus the “cash printing machine” Theard makes it out to be, Batched collapsed in late 2022 amidst an ongoing SEC investigation.
At time of publication Batched’s web site is not accessible:
So with the acquisition of Batched by CashFlow NFT all however confirmed, what are buyers moving into?
CashFlow NFT launched in mid 2022. The corporate is operated by Micah Theard and Hakan Törehan.
Each Theard and Törehan reside in Cyprus. This tracks with Garcia being in Cyprus in March for NextGen’s advertising and marketing occasion.
Micah Theard, a US nationwide, has been selling MLM scams for years. Of notice are Flexkom and the infamous OneCoin Ponzi scheme.
Hakan Törehan was arrested in 2017 in reference to an “unlawful playing ring” and ties to organized crime.
In early 2021 Törehan reinvented himself as a crypto bro with Miracle Money & Extra.
CashFlow NFT’s advertising and marketing pitch noticed associates put money into $5000 or $10,000 NFTs.
There was some nonsense about profiting off real-estate too however that appears to have been quietly deserted.
As revealed by Theard on the April twenty ninth webinar, right here’s how CashFlow NFT goes:
Delayed pyramid recruitment commissions and no NFT payouts.
Regardless of that, Theard continues to be stringing CashFlow NFT buyers together with guarantees of riches:
Based mostly on Theard’s representations, CashFlow NFT goes to launch a brand new Phoenic token quickly.
CashFlow NFT plans to pay excellent commissions with Phoenic (that are generated on demand out of skinny air).
Buyers are being discouraged from cashing out Phoenic on the same old “quantity go up” advertising and marketing.
[51:11] Our Phoenic token can be a part of every little thing that Miracle does, and will probably be related operate however really extra performance than the Binance Coin.
And anybody who is aware of in regards to the Binance Coin, there have been individuals who had been invited in to buy that as an ICO for pennys, if not much less.
The primary public value for that was 10 cents and right now it’s buying and selling round $335.
We’re anticipating that our Phoenic token may have an identical journey up.
Batched allowed shoppers to create shitcoins on a whim…
…and “node system advertising and marketing” suggests Phoenic can be launched as a part of the Batched acquisition.
Advertising apart, the truth is CashFlow NFT is on its final legs:
One can in all probability attribute CashFlow NFT’s March web site site visitors progress to Batched buyers. Of notice is SimilarWeb monitoring 100% of Cashflow NFT’s web site site visitors originating from the US.
This doubtlessly places CashFlow NFT itself inside the sights of the SEC. Attributable to Batched’s and Garcia’s heavy baggage, motion from the CFTC can also be a chance.
Wanting ahead, CashFlow NFT is holding a advertising and marketing occasion in Florida throughout July seventh and ninth.
The occasion is a part of Marc Accetta’s “A View From the Edge” model.
Tickets to the occasion will set you again $599.
For the primary time, Miracle Money&Extra presents our newly appointed Director of Coaching, Marc Accetta’s world-renowned occasion, A VIEW FROM THE EDGE!
As above, Accetta was not too long ago appointed CashFlow NFT’s Director of Coaching.
On his private web site Accetta, a resident of Texas, claims to have “over 30 years of community advertising and marketing expertise and knowledge”.
