Collapsed Forsage Ponzi scheme founder Lado Okhotnikov, evidently believes securities regulators don’t understand securities law.

Okhotnikov’s claims follow two securities fraud warnings issued against Forsage over the past twelve months.

In a series of Facebook videos published earlier this month, Okhotnikov (right) stated;

Hi friends … there’s another important question.

It is associated with some officials who mislead people and scare our participants.

It all started with the Philippine Commission, whose statement was picked up by other [sic] without bothering to verify the authenticity.

Now the Commissioner from the Montana USA has joined the libel against Forsage.

We must react because it scares our participants.

In addition to the fact that we are preparing both a legal response and a public statement, we decided to strengthen the protection in the Forsage concept itself.

Therefore we are faced with new tasks that require tremendous work.

Okhotnikov’s statements were made on April 21st. It is my understanding that no legal response or public statement has been issued.

Furthermore it should be noted that both the
Philippine SEC
and
Montana
securities fraud notices, allow for Forsage and Okhotnikov to respond.

It is again my understanding that in both instances, neither Forsage or Okhotnikov bothered to respond.

Why should be obvious. Baseless claims of libel aside,
Forsage
and its reboots are securities offerings.

Neither Forsage or Okhotnikov are registered to offer securities in any jurisdiction, because all of Okhotnikov’s scams are Ponzi schemes.

Okhotnikov is currently stringing what’s left of Forsage along with promises of a relaunch on Binance’s Smart Chain.

The Binance Smart Chain reboot of Forsage has yet to be named. Okhotnikov has however revealed the Ponzi reboot will be based on the Binance USD (BUSD) stablecoin.

Okhotnikov has announced he expects Forsage’s Binance Smart Chain reboot to launch sometime in May.

Update 16th May 2021 – 
Forsage’s Binance Smart Chain reboot has been launched as
Forsage BUSD
.

Update 5th August 2022 – 
The SEC has
filed securities fraud charges
against Vladimir “Lado” Okhotnikov. Ten additional Forsage insiders and US promoters have also been sued.

The SEC alleges Forage and its various together formed a $300 million dollar Ponzi scheme.


🤖 Quick Answer

Who is Lado Okhotnikov and what is his connection to Forsage?
Lado Okhotnikov is the founder of Forsage, a cryptocurrency scheme that collapsed due to Ponzi scheme characteristics. He has faced multiple securities fraud warnings from regulatory authorities over a twelve-month period regarding the platform's operations.

What claims has Okhotnikov made regarding securities regulators?
Okhotnikov has publicly stated through Facebook videos that securities regulators misunderstand securities law and mislead people. He specifically criticized warnings issued by the Philippine Commission and Montana authorities, characterizing their statements as libel against Forsage.

Which regulatory bodies have issued warnings against Forsage?
The Philippine Commission and the Montana Commissioner from the USA have both issued securities fraud warnings against Forsage over the past year. Okhotnikov claims these warnings lack proper verification and were circulated without adequate authentication procedures.


🔗 Related Articles

- Massachusetts charge TelexFree as “billion dollar Ponzi”
- Nugen Universe morphing into Britto Capital?
- QubitTech securities fraud warning issued in Ukraine (not a joke)
- CubeBit securities fraud warning issued in the Philippines
- FBI investigating USFIA GemCoin Ponzi scheme (John Wuo?)