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Thank you very much, the post was very clarifying for me, especially about the SPC status. In the law of my country there is no similar legal status, that was confusing me a lot, since the closest thing we have is a CS cooperative society status.
But apparently from what their (ex) clients/users comment and from certain contradictory information, they use the SPC status for the purposes of a Ponzi scheme.
Here is a good reddit post from a couple years back from a guy who dug into their SPC status.
Thank you very much, the post was very clarifying for me, especially about the SPC status. In the law of my country there is no similar legal status, that was confusing me a lot, since the closest thing we have is a CS cooperative society status.
But apparently from what their (ex) clients/users comment and from certain contradictory information, they use the SPC status for the purposes of a Ponzi scheme.
Stop, stop, you’re ruining the corporate bootlicking!