Back in September last year TelexFree tried to convince a court in Acre that, despite being owned by the same three people, TelexFree should be able to use Ympactus’ funds to pay off Ympactus’ debts, including ROIs owed to affiliate investors. As part of the injunction handed down against TelexFree, Ympactus’ funds are currently frozen. […]
Source: TelexFree lose 2nd bankruptcy case, Costa rages
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