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Nui launches the new opportunity for Kala Mining after title fraud ceases to exist
nui has decided to launch a new mining opportunity Kala with the introduction of the Kala mining product line. The information was released by the company a few days ago in a blog post.
To start mining of Kala You can do this by buying data mining hardware or via cloud mining. The cloud mining service would allow users to invest in Gigahash or Terahash contracts. According to the official press release, by paying a monthly service fee, users can see their Kala grow.
The Contracts of GIgahash promoted by the company starts at $ 50 with $ 15 a month. Thus, you can buy $ 100 contracts, with a monthly fee of $ 30, a $ 500 contract with a monthly commission of $ 42 and a $ 1,000 contract with a monthly fee of $ 57.
However, there are even bigger offers for those interested in mining activities. The Terahash contract cost $ 4,000 with a monthly fee of $ 115.
However, according to Behind MLM, this company is clearly fraudulent. The report states that the Gigahash contracts offered by the company pays a direct referral commission and also a team commission that is divided into ten different levels.
It is also important to note that Kala is not publicly negotiable and users can exchange it for real money using the internal exchange provided by Nui. Indeed, Kala it can only be used around Nui, but not outside of it.
The company is also under investigation for securities fraud, which is not good for Nui and the Kala product. In July, the company was notified of the termination of securities fraud and the cancellation was issued by the state of Texas.
Darren Olayan, CEO of the company, provides regular updates on the social media platform and suggests that they are currently in a continuous dialogue between Nui and the Securities Board.
According to the report published by Behind MLM, nui it is not yet registered to offer titles in Texas or in another part of the United States. In addition, Neither Nui and Darren Olayan appear in the SEC's Edgar database.
In summary, Nui appears to be a mining opportunity that is an illegal unregistered supply of securities.
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