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Discuss what's fucking going on, and which programs are best and worst. One-time "program" announcements from "established" webmasters are allowed. |
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#1 |
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Join Date: Apr 2021
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Paxum loans Trump Media $2m
It seems Paxum bank, registered in Dominica, is partly owned by someone with connections to Vlad Putin. They loaned a lot of money to bail out Truth Social. It gets very murky and opaque according to The Guardian. Anyone heard of this?
But the financing, which came in the form of a $2m loan from an entity called Paxum Bank registered in Dominica in December 2021 and a $6m loan from an entity called ES Family Trust in February 2022, had been arranged in a hurry and Trump Media knew next to nothing about the emergency lenders. The executives had good reason to be concerned: a subsequent examination revealed that the trustee of ES Family Trust was simultaneously a director of Paxum Bank, and one of the part-owners of the bank would turn out to be the relation of an ally of the Russian president, Vladimir Putin. And, months after Trump Media came under criminal investigation for the merger by the US attorney’s office for the southern district of New York, federal prosecutors started to examine whether the company violated money-laundering statutes over the payments, the Guardian revealed on Wednesday. |
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#3 |
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God damn, really grasping at straws.
A relation to an ally of Putin. Fuck, I might have some distant cousin that is an ally of Putin as well. Or it might just be a nominee director and have nothing to do with anything, because the same nominee was used for both companies...
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#4 |
So Fucking Banned
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Join Date: Aug 2016
Posts: 27,033
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Never used Paxum. I learned my lesson with ePassporte. Happy to have never been a part of the Paxum crying before, and even happier to continue not being a part of the Paxum crying now.
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#5 | |
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#6 |
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So Ruth is a Mob Capo! Go Girl!
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#7 |
Making PHP work
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Join Date: Nov 2002
Location: 🌎🌅🌈🌇
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Another Paxum success story.
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#8 |
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Location: Europe
Posts: 3,993
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I just opened up a Paxum account after reading this
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#9 |
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#10 |
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I've never been one for conspiracies, but somehow this attack on Paxum comes at a time when various pseudo-moralists are attacking anything they believe "Christ disapproved of". This whole Paxum-Trump-Putin connection, the money laundering… it all seems too contrived. Of course, we can't know what Paxum really did, but mentioning them in an article about Trump is kind of biased.
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#11 | |
So Fucking Banned
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Join Date: Feb 2001
Location: Taipei
Posts: 25,198
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#12 |
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i hope hes able to payback the loan..
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#13 |
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#14 |
So Fucking Banned
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Join Date: Jun 2011
Location: the land of woke sleuths
Posts: 16,493
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what is whiffle up to now? Always bitching about other people's business!
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#15 |
bored
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Location: Metaverse
Posts: 4,675
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there's a large number of members who dont want to read this politics bullshit. peasants arguing about who gets more rice. i dont get how people can argue about the same shit day after day. its your right to do so, but i request that you put anything with politics keywords in the title in the Politics section.
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#16 |
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Join Date: Jun 2002
Posts: 9,506
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w/e bank paxum is attached to is Chinese
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#17 |
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Location: San Diego
Posts: 32,176
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paxum is a bank?
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#18 |
Let's Make Money
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Posts: 8,784
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Paxum works for me and it serves me well.. don't care if Justine Beiber owns it.
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#19 |
Pay It Forward
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i don't think they are related... i saw it's owned by someone in russia
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#20 | ||
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#21 | |
Pay It Forward
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TRUMP 2025 KEKAW!!! - Support The Laken Riley Act!!! END DACA - SUPPORT AZ HCR 2060 52R - email: brassballz-at-techie.com |
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#22 |
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High risk bank giving high risk loan, nothing unusual .
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#23 |
Too lazy to set a custom title
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Wrong section of the board . . .
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#24 |
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#25 |
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Should we stop drinking Vodka now because it's related to alcohol?
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#26 |
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Just got an email from Grooby Bucks saying they have stopped using Paxum and I have to change payment method. Also said that other sponsors are doing the same.
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#27 | |
Pay It Forward
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#28 |
Damn Right I Kiss Ass!
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#29 | |
Too lazy to set a custom title
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#30 | |
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#31 |
Supermodel
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#32 |
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Yep, fuck Paxum haters
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#33 |
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hahaha no doubt, but I think trump is a shoe in for you guys and hopefully true, but yuck
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#34 |
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This is an interesting situation. On one level, you have a worldwide banking crisis that affects all banks and people are withdrawing their funds. That can happen and it's a financial decision.
In this case, I think many will look at this as an ethical and moral decision as well considering what the loan was for and where the money might have originated. Everyone has a right to "vote" with their money. Paxum, I am sure, would have considered the collateral fallout from this move and factored it into their business plan. |
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#35 |
I have a plan B
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Are you kidding me? Justin Bieber owns Paxum? Goddamn Canadians, they're everywhere these days.
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#36 | |
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We only use ACH, Bank Wires, Paypal and domestic checks and it works like a charm once you get an affiliate aware of why you only do that mentioned above.
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#37 | ||
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#38 |
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I would love to hear from a Paxum rep to hear their side of this story.
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#39 | |
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Looks like Paxum is back to Groobybucks already.
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#40 |
Let's Get Paxumized!
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For us it is business as usual, everything is operational, all is good with our regulator and banking partners. It's basically non-news. We are exploring an option to legally go after the Guardian in the near future (the Guardian was the originator of this story).
If anyone has any questions or concerns, we're available, email us! ![]()
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Send & Receive Mass Global Payments - Mass P2P/Wire/EFT/SEPA - Adult Industry Friendly - Award Winning Payment Service - Fast, Reliable & Secure! Paxum ...... Paxum Bank Email: [email protected] ~ Telegram: PaxumRuth |
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#41 | |
Too lazy to set a custom title
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#42 |
Natalie K
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skrill or cosmo is actually better
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#43 | |
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#44 |
Damn Right I Kiss Ass!
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I have a feeling somebody used paxum to make the payment? Or something in that regard. And somebody in the news room doesn't understand that. So they wrote that paxum itself was the originator of the payment. I'd be like saying Elon musk is taking payments from Russian oligarchs with ties to Putin. Ummm no. Tesla is receiving car payments for products sold.
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#45 | |
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But yet he takes a dump on the US on a daily basis on twitter ![]() |
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#46 |
Pay It Forward
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TRUMP 2025 KEKAW!!! - Support The Laken Riley Act!!! END DACA - SUPPORT AZ HCR 2060 52R - email: brassballz-at-techie.com |
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#47 | |
Too lazy to set a custom title
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#48 |
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Trump is in motion
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#49 | |
More Cowbell
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Location: Nakhom Nowhere
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Quote:
So Paxum is owned by a Russian with ties to Putin, we always knew it was a Russian in control of Paxum and before (irony) the special military operation in Ukraine(/irony) it were not a problem because who cares. Now PaxumBank is on the radar. The downfall of ePassporte started when the AG of CA came into the office and said that it would be a good idea to stop the transactions to poker sites or they would open a case, we did $500 mill a year at about 10% fees to poker sites, so it was a bit of a blow. Chris "borrowing" money from the Visa guarantee to do his vanity project doomed the company. So PaxumBank is now on the radar and its a lot bigger that doing poker transactions. If I had a Paxum account I would keep the balance at $0 because its only a matter of time before the US Gov are blacklisting them and then ACHs are a no no and then MC will follow shortly. So when ACH are stopped because of a technical issue......... run!!!!!
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#50 |
More Cowbell
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But there is more. In Dec. 2021, Orlando wired $2 million to Trump's company from Paxum Bank and then $6 million more. Paxum Bank is located on the tiny island of Dominica (not to be confused with the Dominican Republic).
The bank is partly owned by Anton Postolnikov, a relation of Vladimir Putin's ally Aleksandr Smirnov, who has worked in several high-level jobs close to Putin. The SEC has reason to believe Paxum engages in money laundering. So mix Trump, multiple shell companies, big money, an IPO that might have violated securities law, Russians, a bank that is tied to a Putin associate and might be engaged in money laundering—what could go wrong here? Could it be that Trump is doing big-time money laundering for the Russians in exchange for them financing a company of which he owns 99% of the stock? The SEC is curious about this. Source: https://www.electoral-vote.com/evp20...s/Mar23-2.html
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