Why No One in Their Right Mind Should Apply for Lquid Pay’s Credit Card

Wake-Up Call to Victims of Gaslighting

LQUID PAY (formerly 9Pay) is not just a financial risk—it is a fraudulent operation, as demonstrated by regulatory actions and the company’s association with a web of scams. Below is a detailed exposé to help you understand why applying for a credit card with Lquid Pay is one of the most dangerous financial decisions you could make.

1. Cease-and-Desist Orders Issued Against Affiliates

The California Department of Financial Protection and Innovation has issued a Desist and Refrain Order against entities tied to Lquid Pay, such as We Are All Satoshi. These actions highlight the illegal sale of securities, material misrepresentation, and Ponzi-like schemes. Australia’s MoneySmart and New Zealand’s FMA have also issued warnings about associated scams like HyperVerse, StableDAO, and ViDiLOOK.

2. Dangerous Wallet Integration

By connecting your crypto wallet to Lquid Pay’s system, you are essentially handing over unrestricted access to your funds. This means the company (or scammers behind it) could drain your wallet without consent, leaving you with zero recourse.

3. Fabricated Partnerships

Lquid Pay falsely advertises partnerships with Visa and other major organizations. Visa has publicly denied any association, and no legitimate companies endorse Lquid Pay’s services.

4. Unsecured Data and High Fraud Risk

Your personal and financial data is at risk of theft or misuse. There is no evidence that Lquid Pay uses proper encryption or adheres to data protection regulations.

5. A Proven Track Record of Fraudulent Affiliates

Lquid Pay is tied to a network of fraudulent entities, including Blockchain Global, HyperVerse, HyperNation, HyperCapital, StableDAO, We Are All Satoshi, and ViDiLOOK. Each of these ventures follows the same pattern of gaslighting victims, luring them into false promises, and vanishing with their money.

6. Unproven Technology

Lquid Pay’s advertised features, such as seamless crypto-to-fiat conversion and cashback rewards, are not backed by any credible evidence or operational track record.

7. Pyramid Scheme Funding Model

Regulators have uncovered that funds deposited by new investors are used to pay returns to earlier participants—classic Ponzi scheme behavior. For instance, We Are All Satoshi explicitly funneled 68% of investor funds toward recruiting new participants.

8. No Legal Protections for Users

Unlike traditional financial institutions, Lquid Pay offers no fraud protection, insurance, or dispute resolution mechanisms. Once your money is gone, it’s gone for good.

9. Non-Existent Customer Support

Victims report being unable to contact the company after funds are lost. Emails go unanswered, and support requests are ignored.

10. Inflated Promises and Lies

Claims such as driving Bitcoin prices to $100,000 within 500 days or offering “guaranteed profits” are absurd and mathematically impossible.

11. Misleading Marketing

Using slogans like “Securing Liquidity, Ensuring Sustainability,” Lquid Pay creates a false sense of trust. These claims have been debunked by financial regulators.

12. Exploiting Vulnerable Victims

Lquid Pay preys on individuals unfamiliar with crypto, luring them with jargon-heavy presentations and promises of financial independence.

13. High Fees and Hidden Costs

Investors are charged exorbitant fees, such as 2% withdrawal fees, further draining their funds under the guise of operational costs.

14. Fraudulent Token Ecosystem

Affiliates like We Are All Satoshi issued fake crypto tokens that were locked for 500 days, leaving investors unable to access or verify their holdings.

15. No Merchant Acceptance

Despite claims of global acceptance at over 100 million merchants, no evidence supports that Lquid Pay cards work at any major retailers or platforms.

16. Repeated Rebranding

The shift from 9Pay to Lquid Pay is a deliberate attempt to evade scrutiny after being exposed in media and regulatory investigations.

17. Absence of Financial Audits

There is no publicly available audit or proof of reserves to verify the company’s financial health or legitimacy.

18. Fake Testimonials and Influencers

Paid influencers and fabricated reviews are used to create a false narrative of trustworthiness.

19. Ongoing Investigations

Regulatory bodies in multiple countries are actively investigating entities linked to Lquid Pay.

20. High Risk of Collapse

Given its pyramid structure, Lquid Pay will inevitably collapse, leaving investors with significant losses.

21. Gaslighting and Brainwashing Tactics

Scammers behind Lquid Pay use sophisticated psychological manipulation to convince victims to ignore red flags.

22. Exorbitant “Investment Packages”

Promoted investment tiers—ranging from $100 to $200,000—are designed to exploit victims’ financial resources without delivering returns.

23. Lack of Transparency in Operations

There is no clear explanation of how funds are used, where they are stored, or who controls them.

24. Regulatory Warnings

Countries like Australia and New Zealand have officially listed Lquid Pay and its affiliates as fraudulent and high-risk entities.

25. Connections to Known Scammers

Shavez Anwar, Sam Lee, and others involved in Lquid Pay have been implicated in numerous scams, including StableDAO, HyperFund, and BitcoinCode.

Final Warning

Do not let the gaslighting and false promises fool you. Lquid Pay is not a legitimate financial service—it is a dangerous scam that has already left countless victims in its wake. If you are considering investing, stop now and report any related activities to your local financial regulator.