Over the last few months i have been in contact with the admin of the payment processor of 1mdc.com about pretty much everything to do with earning online. This info I have on e-gold he has repeatadly drilled into me lol… I feel that It is time to reveal a few truths to my readers about whats happening at e-gold. For many years there has been speculation to whether e-gold is closing. The answer is No. They are not closing. But they are slowly and surely doing a ’stormpay’ when it comes to ponzi schemes. For those who play with ponzi schemes but don’t know what a ’stormpay’ is. It is a payment processor just like paypal, residing in the USA, which allowed ponzi schemes to use it. It was huge, and while stormpay was allowing ponzi schemes to operate, the industry was flourishing. Millions of dollars a day where being made / lost and there were few scammers around compared with todays standards. But because ponzi schemes are illegal in the USA, soon the FBI investigated the millions of dollars being exchanged in various stormpay banka ccounts. Soon they took action and forced stormpay to stop accepting ponzi schemes. This was all around the time of the infamous ‘12dailypro’…which perhaps triggered the move on stormpay. If you don’t know what 12dailypro is, type it in google “12dailypro” and you will find news articles. The USA government has 3 us officials (investigators) constantly filling out paperwork, to 100% freeze e-gold accounts that have had dirty money or dodgy transactions in them. This could be from as little as investing in a hyip! E-gold is getting into trouble with the US goverment because it is effectively breaking the law by allowing terrorists, criminals, and fraudulent activites to commerce anomynously… and they aren’t trying to crack down - which is why the fbi started raiding their offices quite frequently). E-gold got given 2 options.. close down .. or completely cooperate with the goverment. They have chosen goverment surprisingly enough. The usa goverment has access to every single e-gold accounts history, including ip addresses that have logged in. Currency exchangers accounts have been known to suddenly freeze, big hyip investors accounts have been blocked… whether innocent or not. E-gold cannot be trusted by scammers or players.. even legitament, honest people will end up having problems. Be carefull because the word ‘honest’ being used on the internet hardly means ‘legal’ in most cases. Honest hyip game = A ponzi = illegal. SEC finds out you have a ponzi or anything of the sort using e-gold.. you can say bye bye to your account. It is just a matter of time before people start going to jail. The investigators will get bored of just freezing funds. Or realise that freezing account wont stop ponzis full stop. Arresting a few people/admins will however. Apparently e-gold are confiscating around $500,000 worth of egold a week. Not sure how true that statement is though… unless its terroists money or something.. I say if you don’t believe me, ask e-gold themselves. They have openly stated what i have just written, but a lot of people still don’t know… which is why i posted this. Extra: People residing in the USA will be more likely to face jail than those residing elseware. (If the situation ever becomes this extreme). Internationals will get listed with interpoll. Check my post in further detail here