Singapore-registered cryptocurrency company MinePlex is refuting recent allegations of illegal activities in Vietnam. The company denies all claims made in a report by Vietnamese TV channel VTV, which accused MinePlex of illegal activities.
MinePlex clarifies that it is registered in Singapore as MINEPLEX PTE. LTD. Thus it operates as a legal entity in accordance with the Singapore law. Operating since 2020, MinePlex has brought to market working Blockchain-based products such as Explorer, Wallet, Payments, Finance, Marketplace and more. “Already 2.5 years ago, the MinePlex technology was recognized as unique in the world media.
The MinePlex blockchain is based on the work of two tokens. One mines the other. This is written in a mathematical algorithm and the company cannot interrupt this process in any way.”
The company also partners with a major Brazil-based bank when offering finance-related services, such as payment cards and accounts, and its services can’t be qualified as illegal.
MinePlex notes that VTV journalists took out of context the phrase of MinePlex CFO, Fyodor Bogorodsky, who was discussing the potential growth of the PLEX token to $1,500 in the future. Bogorodsky’s words were not a guarantee or promise and were taken out of the context.
In addition, MinePlex’s products and employees were verified by the well-known international cybersecurity firm CertiK. The MinePlex team underwent a KYC check from CertiK in July 2022. All team members were verified, interviewed by independent experts of the company, and passed a financial audit.
MinePlex was recognized as a top blockchain project in 2021 by International Business Times, named Top Digital Finance Company 2021 by Seeking Alpha, and ranked first among top crypto projects of 2023 by Nasdaq.
MinePlex is disappointed that VTV did not verify and clarify the content before publishing subsequent articles that caused confusion, affecting the company’s reputation. The company is seeking a rebuttal from VTV to clear its name and restore its reputation.
MinePlex is committed to providing reliable and trustworthy services to its customers. The company is making every effort to contact the TV company to clarify the situation. However, the TV team does not respond to letters from the company and the company’s lawyer in Vietnam. MinePlex is confident in its legal bases and operating conditions and will continue to defend its reputation and honor.
MinePlex is a new generation digital ecosystem that creates advanced and modern payment solutions based on traditional financial, blockchain, and digital application technologies. The company has always been transparent about its operations and is committed to delivering high-quality services to its customers.
