Quote:
Originally Posted by Ron2k1
Something like that, and for the rest I believe the story in this thread is pretty close to the truth https://gfy.com/showthread.php?t=991050
In short:
Mallick wanted to control the funds himself without the St Kitts bank involved, he created the Wallet system with his own bank behind it. So they could invest the money in other projects like his movies.
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if that is the case, since a lot of people had payout by default to be in wallet, if he had access to all thepeoples money, and used it for his own gain, which ultimately caused it to close, im not saying it is, but if in fact it is, its pretty low.