The platform stated through a statement in Telegram: “Due to the Argentine government’s comprehensive restrictions on RainbowEX, the relevant accounts in South America they cannot access normally temporarily.
In this sense, they maintained that they are “the Argentine government actively negotiating”at the same time “it may take some time to restore access.”
RainbowEX advised users to “keep calm and wait patiently for the progress of the platform and the restoration of access”, and denied that “members from other regions are affected”: “They will be able to use the various tools of the platform normally.”
In addition, they stressed that “each contributor who has activated their account must follow the instructions” of the company, while they expressed confidence in being able to resolve the problem “as soon as possible.” “The Knight consortium will closely monitor the progress of the incident and will provide its full support,” he concluded.
According to the journalist Maximiliano Firmman to the Argentine News Agency: “I don’t think anyone can take it back now. Withdrawals work when they have faith that money will continue to enter the system. When it is known that it is not going to happen, they do not deliver them, it no longer serves them as marketing.”
The specialist considered that there would be close to US$50 million tied up in withdrawals, although the majority “are fictitious profits.”
San Pedro scam, RainbowEx did not return the money despite asking for more funds
The company, also known as Knight Consortium, warned last Friday that the deadline was extended until this Sunday for the investors Pay the US$88 and you can activate your accounts.
The company made the announcement through a Telegram message. “Because some users mistakenly believe that account activation funds will be deducted from the account balance, they do not participate in the activation time,” RainbowEX explained.
For this reason, they decided to extend the time to “activate” account” to ensure smooth completion of activation for contributors in Argentina and related regionsit was decided to extend the account activation time until Sunday, October 20 at 10 p.m.
He later reported that investors will be able to withdraw your money on Monday the 21st starting at 00while account activation “will be completed automatically through a single recharge of US$88.” The money invested “will be returned to the account balance when the withdrawal order is sent again on October 21, without additional operations,” they announced.
Source: Ambito
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