Registered in Estonia, Zichain OÜ is a crypto payment processor and exchange licensed by the Estonian FIU. Besides, the company is also licensed as a general financial services provider and is doing business as Zichain (www.zichain.eu), Cryptoeye (www.cryptoeye.eu), and Rashbe (www.rashbe.com). Currently, one can only conduct crypto transactions through Zachain. Rashbe is associated with scams like Swiss500 or ApcoFX. In turn, Swiss500 is associated with Michael Zetser, who, together with Ilan Frankos, is behind the scam-facilitating high-risk payment processor GumBallPay.
Swiss500 or ApcoFX were two of the big broker scams facilitated by Zachain via Rashbe. You still can find the orphaned links to the respective payment pages on Rashbe (see Swiss500 or image on the left). Read this FinTelegram report here to learn more.
Zichain is one of the many crypto customers of Lithuanian GlobalNetInt UAB.