Batched investors are purportedly being funneled into Micah Theard’s CashFlow NFT Ponzi scheme.
Specific details are sketchy but, throughout April 2023, behind-the-scenes information suggests CashFlow NFT acquired Batched.
BehindMLM reader Ray has been
keeping us up to date
.
April 5th:
Update: so apparently Oscar has found a new company willing to invest in his technology.
The telegram group has now been unblocked and everyone on there was asked to email Kathy directly if you want to go with this new company or opt out.
If you opt out, it just means that you can claim that you lost your investment for tax purposes, and you can always choose to file what may be a class-action law suit against Oscar’s former partner for scamming everyone and taking off.
If you opt in, then you will be onboarded with the new company. However, zero details have been released about who the new company is and what that means for all previous Batched Node holders.
Given the timing, I originally thought the unnamed acquiring company was NextGen.
In late March at a marketing event held in Cyprus, NextGen announced it had
white labelled Batched’ payment processing platform
.
April 15th:
Here is the latest update by the Telegram group leader, which is very vague by the way, but this is what it said:
Hi guys updates coming soon ..I already had an introduction zoom with some hand picked leaders and Micah co owner of new company and will coordinate with Micah to have another zoom in the next 2 weeks ..Only small groups at a time.
Once I confirm a date and time I will start direct messaging you on date and time ..Thanks for your patience!
April 28th:
So I wasn’t able to get into the zoom meeting to hear about this new company that wants to buy/invest in the Batched (Uulala) technology and of course the Telegram Chat group was once again locked and only the moderator (Kathy keen) has access to post, so that’s preventing people from chatting about the zoom meeting.
BUT…. when I tried to join the group the zoom stated that the host was in fact: Micah Theard.
Go read a few posts earlier, this is whom I figured was going to be the new big investor in Batched.
Following on from this initial Zoom webinar, CashFlow NFT held a public webinar on April 29th.
The earlier webinar was confirmed by Theard early on;
We did do a sneak peek to a smaller group … sometimes we will let our core group, those who’ve really come in behind us have some privileges.
And I did have (the) privilege of getting the information that everyone’s going to see today, a little bit early.
At [53:19] into the webinar, Theard covers CashFlow NFT’s new acquisition.
We have acquired new technology. We have a nodes system coming.
Every day you run your nodes, you receive rewards. And the nodes are there to validate transactions.
These nodes will be for sale and are basically money printing machines.
That’s pretty much the pitch for
Uulala’s “validation node” investment scheme
.
Owner Oscar
🤖 Quick Answer
What is the CashFlow NFT Ponzi scheme connection to Batched investors?Throughout April 2023, Batched investors were reportedly funneled into Micah Theard's CashFlow NFT scheme following Batched's acquisition. Affected investors received communications offering opt-out provisions for tax loss claims or class-action lawsuit participation, with opt-in alternatives to the new company arrangement.
Who was involved in the Batched acquisition and subsequent investor communications?
Micah Theard's CashFlow NFT acquired Batched in April 2023. Communications were coordinated through a Telegram group administrator named Kathy, who directed affected investors to choose between opting out or proceeding with the new company arrangement.
What options were provided to Batched investors after the acquisition?
Investors could opt out and claim investment losses for tax purposes while potentially joining class-action law
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