Researching the EM1 partner announced today. Talk of a ponzi scheme on Wikipedia. Might explain the intense selling. Just sayin':
https://en.wikipedia.org/wiki/Johan_Staël_von_Holstein"Staël von Holstein was CEO of this company in 2019.
[15][16][17] Crowd1 is a
multi-level marketing company that aims, ostensibly, to develop an online entertainment industry. The company is based in Spain where it trades as
Impact Crowd Technology S.L.[18]In November 2019, Norway's gaming and foundation authority,
Lotteri- og stiftelsestilsynet, determined that Crowd1 operates with a
pyramid structure to generate revenue.
[15] In January 2020, in
Burundi's largest city
Bujumbura, Crowd1 was raided and over 300 people arrested, 17 of whom were placed in custody for promoting Crowd1, described as a
Ponzi scheme.
[19][20] In
Paraguay on 6 February 2020 the ComisiĂłn Nacional de Valores (CNV) issued a securities fraud warning against Crowd1, advising against investment. CNV identifies Crowd1 as an unregistered securities offering. Promoters of Crowd1 in Paraguay face up to three years imprisonment or a fine.
[21] On 21 February 2020 the
Bank of Namibia declared Crowd1 a
pyramid scheme and warned the promoters to stop their activities immediately. The bank stated "Crowd1 does not sell tangible products or render any service of essential value, but the primary source of income for Crowd1 is the sale of membership packages to new members". On 12 May 2020 the
Philippines Securities and Exchange Commission (SEC) directed Crowd1 Asia Pacific to immediately stop its “fraudulent” investing-taking activities. On 5 June 2020 the New Zealand
Financial Markets Authority added Crowd1 and Impact Crowd Technology to its warning list due to concerns they may be involved in or operating a scam.
[22][23][24][25]"
