https://variety.com/2019/tv/news/vader-streams-shut-down-ace-mpaa-1203307709/
Court: You owe $10 million in fines.
Vader: Lol, k, who do I write the check to?
This was all due to their VOD. I would encourage all providers to look at removing VOD and catch up.. make it purely about live streams. That is all I ever use personally and the other is all available thru free apps anyways.
Is that 8mill subs at time of shutdown 😯, i mean at €10 a pop on average taken into acount 6month and year subs thats $80mill a month 🥳🥳🥳
With them seizing all the assets it’s makes you wonder if their are logs, payment histories, credit card information, names, addresses.”, etc? Are former subscribers worried?
They aren't going to waste their time with subscribers.
What's interesting here is there is no mention of criminal charges. That said, I'm guessing they are also going to be investigated for money laundering, tax evasion etc.
8 million subscribers ? Too many. Stay small and stay off Youtube .
Is it possible to protect yourself? how did the authorities go up to them. They host where their servers, who will be next on the list
Wow, I guess that's the end of big streamers lol. Who's the next biggest?
Vaders resellers are going to be in for lots of fun. The CRA in Canada, and the IRS in the USA will be notified by the authorities, and the resellers will all be audited for unreported income. When my dealer got busted the CRA back audited him 7 years. They picked his bones clean.
so the sitiuation they spoke about was real. although, they still pulled an exit scam. when they got the first notice they shouldve moved or wrapped it up. instead they kept signing up people. one of the resellers that operate on here says he just bought credits before they closed shop.
Vader was straight garbage anyway. Fuck them.
8 million subscriptions sold and a $10 million dollar settlement. I think Mr Vader did ok for himself.