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MinePlex Refutes Claims of Illegal Activities and Lack of Working Product in Vietnam


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Singapore-registered cryptocurrency company MinePlex denies all allegations of illegal activities made against the company by Vietnamese TV channel VTV. The company plans to take legal action after VTV accused MinePlex of illegal activities.

“We are saddened and disappointed that such a major Vietnamese TV channel has neglected the basic principles of journalism and didn’t verify and clarify the content before publishing subsequent articles that caused confusion, affecting our honor and reputation. MinePlex has full legal bases and operating conditions,” said a spokesperson for the company.

MinePlex is a new generation digital ecosystem that creates advanced and modern payment solutions based on traditional financial, blockchain and digital application technologies. The company is registered in Singapore as MINEPLEX PTE. LTD. MinePlex always informs customers that it is cooperating with traditional banks when offering finance-related services such as payment cards and accounts. Currently, MinePlex’s main financial partner is a major Brazil-based bank.

Operating since 2020, MinePlex has brought to market working Blockchain-based products such as Explorer, Wallet, Payments, Finance, Marketplace and more. “Already 2.5 years ago, the MinePlex technology was recognized as unique in the world media. The MinePlex blockchain is based on the work of two tokens. One mines the other. This is written in a mathematical algorithm and the company cannot interrupt this process in any way.”

MinePlex denies the allegations made by VTV journalists who took out of context the phrase of MinePlex CFO, Fyodor Bogorodsky, who supposed that the price of the company’s native PLEX token could grow to $1,500 in the future. MinePlex notes that it was an assumption, not a guarantee or promise. MinePlex has always been transparent about its operations and has already launched various services in the ecosystem, refuting the accusations of not having a working product.

Furthermore, MinePlex’s blockchain was checked and verified by the well-known international cybersecurity firm CertiK, who also completed a KYC check on the company’s team members in July 2022.

MinePlex was recognized as a top blockchain project in 2021 by International Business Times, named Top Digital Finance Company 2021 by Seeking Alpha, and ranked first among top crypto projects of 2023 by Nasdaq.

MinePlex has already contacted a law firm in order to protect its reputation damaged by the report. The company remains committed to providing transparent and trustworthy services to its customers and partners.






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