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by smachiz
1051 days ago
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If your business is https://dipsway.com, I could see why a merchant provider might terminate your account. You're broadly wading into dangerous waters and a lot of what's on your website would probably get you regulated by the SEC, but the language used on your website would be alarming to any risk analyst. "Pump and dump" schemes are illegal in the US (and I presume literally everywhere else), and you're using similar verbiage right on the main page of your site. It almost looks like you're advocating customers get in on the ground floor of the pump and dump scam, which is certainly illegal. Separately, from a risk perspective, they're also asking themselves "If this algorithm is so good, why would they sell it for $70/mo and instead just using the algorithm to make all the money for themselves, this is going to be chargeback central when the algorithm doesn't deliver". |
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And to be realistic, it's full of fraud services who actually sell dreams and promises when in reality don't work at all.
It's not about selling something too good to be true, it's about selling something that can help and bring value to the average crypto trader.