For those who follow us since last year, the story of Plexcoin must have passed before your eyes a few times already. First attacked by a complaint from the SEC , then by the Quebec court of financial markets for contempt , Dominic Lacroix - leader of Plexcoin - seems to continue his business, which is not immune to the vigilance of the SEC.
As a reminder, Plexcoin was a project that met all the conditions to sound the "alarm scam " . Blank whitepaper, anonymous team, aberrant performance promises (1,354% return anyway), false partnerships, the announcement of a debit card without more information than that ... In short, a dubious project . If you have a few minutes to spare, we invite you to visit the thread about CryptoFR , where some members of the team tried to defend their project. We prefer to laugh than to cry, prepare for an avalanche of bad faith from the team.
Yet, almost a year after the beginning (and the end) of this project, the case seems to continue. Indeed, it appears that the SEC received a new order of urgency asking to freeze the funds of Dominic Lacroix. This measure had already been taken during the first complaint. However, it seems that since the first "freeze" (which occurred in December 2017), Lacroix has resorted to various "secret accounts" , including an account in the name of his brother, through which he allowed himself use funds raised at the ICO for personal use .
It is hoped that the masquerade will soon come to an end, and why not a repayment of investors, even if it now seems very unlikely.