For some time now there has been some speculation regarding a very popular payment system, namely EgoPay.
It started more or less a week ago on HYIP-related and very specialized fora and there has been no stop to messages, posts and articles regarding the issue.
What is ”the issue” everybody’s talking about? EgoPay regulars started complaining that funds were missing from their accounts. No small amounts of money either, one should add. What’s more, exchangers could not (and cannot) withdraw their funds from EgoPay — regardless of the payment method chosen — as they are ”frozen”. Despite several attempts to contact EgoPay directly via live chat or e-mails, no enquiries regarding this case were answered. One cannot be sure whether it is a coincidence or cone of silence since there has been no official statement issued by EgoPay.
Some call it a ”scheme”, some ”theft”, others ”misunderstanding”. Officially, Ego Pay calls it a ”system hack” in which money were ”temporarily frozen”. Unofficially, it has been said that the whole issue may stem from a disgruntled ex-employee (there are some major changes going on at egopay currently, which includes management changes) or that merchants received e-mails with ”fake transactions”. Another big player in the payment processor game, Payeer, has joined the discussion saying that EgoPay stole their money as well. Sources say that the money in question was no less than $200,000: