Press Release
1847 Holdings Under Scrutiny for $2.5 Million Payouts Following Polished.com Asset Seizure
Allegations of Financial Misconduct Surface as Payments Coincide with Bank of America’s Legal Action
NEW YORK, [February 05, 2025 ] – A series of questionable financial transactions involving 1847 Holdings LLC (NASDAQ: EFSH) has raised serious concerns regarding potential financial misconduct. Just one day after Bank of America seized the assets of its former subsidiary, Polished.com (OTC: POLCQ), 1847 Holdings disbursed $2.5 million to four investor relations and advisory firms, raising speculation about whether the move was an attempt to shield funds from creditors.
On February 6, 2024, Polished.com received a Notice of Acceleration from Bank of America, demanding immediate repayment of outstanding debts due to non-payment of principal, interest, and fees. This action resulted in a default, providing the bank with legal grounds to freeze and seize the company’s assets.
However, on February 7 and February 8, 2024, 1847 Holdings issued significant prepayments totaling $2.5 million to multiple consulting firms, despite its ongoing financial struggles. Given the company’s history of debt-related challenges and the timing of these payments, industry analysts are questioning whether these transactions were designed to move funds beyond the reach of creditors.
Questionable Financial Transactions Raise Red Flags
The breakdown of the prepaid consulting agreements includes:
- $1.4 million to TraDigital Marketing Group for “investor relations, digital marketing, and advertising.”
- $400,000 to Alchemy Advisory LLC for “business and investor outreach.”
- $333,000 to Reef Digital LLC for “investor relations, IT support, and strategic advisory.”
- $365,000 to SeaPath Advisory LLC for “content marketing and strategic advisory.”
These payments were reportedly made to support investor relations and enhance stock value. However, shortly after these disbursements, 1847 Holdings executed three reverse stock splits—each erasing between 90% and 99.999% of shareholder value—raising serious doubts about the legitimacy and necessity of these transactions.
A Potential Attempt to Evade Legal and Financial Liabilities?
Given the timing of these payments, concerns are mounting that 1847 Holdings’ leadership—Ellery Roberts and Louis Bevilacqua—may have orchestrated the disbursements as a means of moving funds before further legal action could be taken. If these payments were not made in exchange for actual services, the transactions could be considered fraudulent conveyance, a deliberate effort to shield assets from creditors.
Additionally, if the funds were funneled back through cooperative third parties, this could potentially escalate into allegations of money laundering.
A Broader Pattern of Financial Mismanagement
While the $2.5 million payout is only a fraction of the larger financial concerns surrounding 1847 Holdings, the transactions follow a disturbing pattern of potential financial misconduct, including:
- The payments occurred immediately after Bank of America took legal action against Polished.com.
- The funds were disbursed to multiple firms rather than a single established service provider.
- Despite its financial distress, 1847 Holdings allocated millions to non-essential consulting agreements.
- Following these transactions, the company proceeded with three reverse stock splits that significantly reduced investor holdings.
For a company already under scrutiny for financial mismanagement, these transactions warrant immediate regulatory and legal investigation. If these payments were indeed an attempt to divert assets ahead of legal repercussions, it is imperative that authorities intervene swiftly to prevent further financial losses and protect shareholder interests.
Regulatory Action Needed
With a growing number of red flags surrounding these transactions, investors are calling on Regulators and enforcement to conduct an investigation into the activities of 1847 Holdings. Any attempts to manipulate financial records or evade legal obligations should be met with decisive action to ensure accountability and financial integrity in the marketplace.
For further information, please contact:
Matt Miller
Strategic Risk LLC
New York
NY
9143064771
United States
### Forward-Looking Statements
This press release contains forward-looking statements that involve risks and uncertainties. Actual results may differ materially from those projected. Investors are encouraged to conduct their own due diligence before making financial decisions.
About Author
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
Press Release
Interest rate cuts are coming – investors can expect a 200% increase in returns through Goldenmining
Washington, 17th September 2025, ZEX PR WIRE, While Wall Street elites cheered for the Federal Reserve’s interest rate cut policy, the deposits in ordinary people’s bank accounts faced a devaluation crisis. In an era of falling interest rates, traditional savings and financial products have meager returns and are unable to resist the invisible giant hand of inflation.
Are people left to watch their idle funds evaporate? No! A revolution in wealth creation is quietly underway. GoldenMining, with years of experience in cloud mining, now has the capabilities to help crypto holders achieve a 200% increase in wealth!
How to achieve a 200% increase in wealth through GoldenMining?
GoldenMining cloud computing power contracts are not high-risk investments. After years of testing by a professional team and repeated configuration adjustments, they ensure stable and generous fixed returns and are a powerful tool for coping with market fluctuations.
- Register an account: Visit GoldenMining.cc to create an account and receive a $15 bonus, which can be used to purchase “Daily Sign-in Rewards” and quickly learn the platform rules.
- Provides a variety of mining contracts: suitable for short-term and long-term investors, users have diverse choices.
| Contract | Invest | Daily Return | Payback cycle | Total Return |
| New User Contract | $100 | $4 | 2 Days | $108 |
| Bitmain Antminer S23 Hyd | $650 | $8.45 | 5 Days | $692.25 |
| AntminerL9 17GH | $3,500 | $49 | 17 Days | $4,333 |
| Elphapex DG2 | $9,000 | $139.5 | 30 Days | $13,185 |
| Elphapex DG2+ | $12,500 | $212.5 | 38 Days | $20,575 |
| ANTSPACE HD5 | $55,000 | $1,056 | 47 Days | $20,575 |
| BITMAIN ANTSPACE HW5 | $300,000 | $9,600 | 50 Days | $780,000 |
(For more contracts, please visit goldenmining.cc)
- Start Mining: After investing in a contract, instantly activate your hashrate and begin your mining journey.
- Earn Profits: No complicated operations are required. Daily returns are fixed, settled every 24 hours, and can be withdrawn or reinvested at any time.
GoldenMining cloud computing contracts offer stable growth potential, making them a popular global investment platform. Leverage the fixed income generated from these contracts for secondary investment or to enhance your contract portfolio, potentially achieving a 200% asset appreciation.
GoldenMining’s unique advantages
- Eco-friendly mining: Utilizes renewable energy sources like solar and wind power.
- Fund security: All user personal information is protected by SSL encryption. The platform provides AIG insurance coverage for every investment.
- Significantly lowered barriers to entry: Users don’t need to prepare their own cryptocurrency mining equipment, learn specialized knowledge, or incur expensive electricity costs; GoldenMining handles the entire process.
- 24/7 customer support with an average response time of less than 30 seconds.
- Multi-currency compatibility: Accepts deposits and withdrawals in XRP, BTC, ETH, DOGE, SOL, LTC, USDT-TRC20, USDC, ADA, and other major cryptocurrencies.
- Referral bonus: When user B creates an account using user A’s invitation code, user A earns a 3% commission for every contract user B purchases. If user B invites user C to create an account, user A still earns a 2% commission for every contract user C purchases, for a total commission bonus of 5% (3% + 2%). This bonus is permanent.
How does GoldenMining’s XRP cloud mining work?
GoldenMining operates over 90 cryptocurrency mining farms worldwide, boasting over 200,000 independently operated advanced mining machines. When users pay for XRP investment contracts, the platform intelligently allocates the required computing power to the contract, helping them earn more cryptocurrency. A professional team maintains the mining machines at the physical farms in real time, generating returns at extremely low cryptocurrency acquisition costs. Fixed returns are deposited into investor accounts. Ultimately, investors can convert their account balances into major cryptocurrencies, without any currency restrictions.
Reasonably avoid the unknown risks of interest rate cuts
While most people are still debating whether interest rates will be cut, by 25% or 50%, and if so, what investments should they make if bank rates are lowered? Pioneers are already quietly achieving stable wealth growth through GoldenMining, without fear of volatility.
Visit the official website: https://goldenmining.cc
Official email: info@GoldenMining.com
Disclaimer: The information provided in this press release does not constitute an investment solicitation, nor does it constitute investment advice, financial advice, or trading recommendations. Cryptocurrency mining and staking involve risks and the possibility of losing funds. It is strongly recommended that you perform due diligence before investing or trading in cryptocurrencies and securities, including consulting a professional financial advisor.
About Author
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
Press Release
Interest rate cuts are coming – investors can expect a 200% increase in returns through Goldenmining
Washington, 17th September 2025, ZEX PR WIRE, While Wall Street elites cheered for the Federal Reserve’s interest rate cut policy, the deposits in ordinary people’s bank accounts faced a devaluation crisis. In an era of falling interest rates, traditional savings and financial products have meager returns and are unable to resist the invisible giant hand of inflation.
Are people left to watch their idle funds evaporate? No! A revolution in wealth creation is quietly underway. GoldenMining, with years of experience in cloud mining, now has the capabilities to help crypto holders achieve a 200% increase in wealth!
How to achieve a 200% increase in wealth through GoldenMining?
GoldenMining cloud computing power contracts are not high-risk investments. After years of testing by a professional team and repeated configuration adjustments, they ensure stable and generous fixed returns and are a powerful tool for coping with market fluctuations.
- Register an account: Visit GoldenMining.cc to create an account and receive a $15 bonus, which can be used to purchase “Daily Sign-in Rewards” and quickly learn the platform rules.
- Provides a variety of mining contracts: suitable for short-term and long-term investors, users have diverse choices.
| Contract | Invest | Daily Return | Payback cycle | Total Return |
| New User Contract | $100 | $4 | 2 Days | $108 |
| Bitmain Antminer S23 Hyd | $650 | $8.45 | 5 Days | $692.25 |
| AntminerL9 17GH | $3,500 | $49 | 17 Days | $4,333 |
| Elphapex DG2 | $9,000 | $139.5 | 30 Days | $13,185 |
| Elphapex DG2+ | $12,500 | $212.5 | 38 Days | $20,575 |
| ANTSPACE HD5 | $55,000 | $1,056 | 47 Days | $20,575 |
| BITMAIN ANTSPACE HW5 | $300,000 | $9,600 | 50 Days | $780,000 |
(For more contracts, please visit goldenmining.cc)
- Start Mining: After investing in a contract, instantly activate your hashrate and begin your mining journey.
- Earn Profits: No complicated operations are required. Daily returns are fixed, settled every 24 hours, and can be withdrawn or reinvested at any time.
GoldenMining cloud computing contracts offer stable growth potential, making them a popular global investment platform. Leverage the fixed income generated from these contracts for secondary investment or to enhance your contract portfolio, potentially achieving a 200% asset appreciation.
GoldenMining’s unique advantages
- Eco-friendly mining: Utilizes renewable energy sources like solar and wind power.
- Fund security: All user personal information is protected by SSL encryption. The platform provides AIG insurance coverage for every investment.
- Significantly lowered barriers to entry: Users don’t need to prepare their own cryptocurrency mining equipment, learn specialized knowledge, or incur expensive electricity costs; GoldenMining handles the entire process.
- 24/7 customer support with an average response time of less than 30 seconds.
- Multi-currency compatibility: Accepts deposits and withdrawals in XRP, BTC, ETH, DOGE, SOL, LTC, USDT-TRC20, USDC, ADA, and other major cryptocurrencies.
- Referral bonus: When user B creates an account using user A’s invitation code, user A earns a 3% commission for every contract user B purchases. If user B invites user C to create an account, user A still earns a 2% commission for every contract user C purchases, for a total commission bonus of 5% (3% + 2%). This bonus is permanent.
How does GoldenMining’s XRP cloud mining work?
GoldenMining operates over 90 cryptocurrency mining farms worldwide, boasting over 200,000 independently operated advanced mining machines. When users pay for XRP investment contracts, the platform intelligently allocates the required computing power to the contract, helping them earn more cryptocurrency. A professional team maintains the mining machines at the physical farms in real time, generating returns at extremely low cryptocurrency acquisition costs. Fixed returns are deposited into investor accounts. Ultimately, investors can convert their account balances into major cryptocurrencies, without any currency restrictions.
Reasonably avoid the unknown risks of interest rate cuts
While most people are still debating whether interest rates will be cut, by 25% or 50%, and if so, what investments should they make if bank rates are lowered? Pioneers are already quietly achieving stable wealth growth through GoldenMining, without fear of volatility.
Visit the official website: https://goldenmining.cc
Official email: info@GoldenMining.com
Disclaimer: The information provided in this press release does not constitute an investment solicitation, nor does it constitute investment advice, financial advice, or trading recommendations. Cryptocurrency mining and staking involve risks and the possibility of losing funds. It is strongly recommended that you perform due diligence before investing or trading in cryptocurrencies and securities, including consulting a professional financial advisor.
About Author
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
London, England, 17th September 2025, ZEX PR WIRE, Amid the rapid development of blockchain and cryptocurrency, mining remains a critical component of the crypto ecosystem. However, traditional mining typically requires high hardware investments, specialized technical support, and consistent electricity resources, making it prohibitive for many ordinary users. LTCCloudMining was born to facilitate this, striving to make cryptocurrency mining accessible to users worldwide through a simple, efficient, and low-barrier-to-entry method.
LTCCloudMining Chairman and CEO KAMAND stated, “In light of US President Trump’s policy of building a strategic cryptocurrency reserve, our company has adopted a long-term strategy of ‘full holdings.’ This not only demonstrates our unwavering confidence in the future value of cryptocurrencies, but also our belief that Bitcoin will become the world’s most valuable treasury reserve asset. As the digital economy continues to evolve, we firmly believe that crypto assets will become an irreversible trend.”
With Bitcoin’s bull market, the mining industry is experiencing unprecedented opportunities.
With Bitcoin’s price stabilizing around $110,000, it has attracted widespread market attention. Many investors view this as a sign of market uncertainty, but for the mining industry, it presents a unique opportunity. LTC CloudMining encourages investors to accumulate Bitcoin reserves through cryptocurrency mining during market downturns, thereby generating higher returns when prices rebound.
LTC CloudMining deploys global data centers and offers computing power rental services, allowing users to participate in mining remotely without purchasing mining equipment. It combines intelligent algorithm optimization strategies with regular profit distribution, ensuring users receive a safe and efficient service to increase the value of their digital assets.
Highlights of Efficient Service: Redefining the Cloud Mining Experience
LTC CloudMining’s efficient service not only upgrades the mining process but also redefines the industry with innovative technology and a unique model, offering the following core features:
- Register and receive $20 USD. (Daily check-ins earn $0.7 USD.)
- Users can earn profits 24/7 without purchasing expensive cryptocurrency mining equipment or signing contracts.
- Deposits and withdrawals are available for a variety of cryptocurrencies: Dogecoin (DOGE), Bitcoin (BTC), Ethereum (ETH), SOL, Ripple (XRP), US Dollar (USDC), Litecoin (LTC), US Dollar (USDT-TRC20), US Dollar (USDT-ERC20), and more.
- Intuitive interface design, suitable for both new and experienced miners.
- Affiliate program allows users to earn up to 3% + 2% referral rewards and up to $100,000 in bonuses.
- No additional fees: Transparent pricing, no hidden service fees or management fees.
- Green mining technology, environmentally friendly and efficient
How to quickly start your LTCCloudMining cloud mining journey?
- Register an account and receive an instant $20 bonus.
- Choose a customized hashrate contract.
Whether you’re a new or experienced investor, LTCCloudMining offers a variety of hashrate contracts. Choose the option that best suits your budget and profit goals to maximize your returns. Stable Income Contracts:
⦁ [New User Experience Contract]: Investment Amount: $100, Total Net Profit: $100 + $7
⦁ [MICROBT WhatsMiner M50S]: Investment Amount: $1,200, Total Net Profit: $1,200 + $243
⦁ [MICROBT WhatsMiner M63]: Investment: $4,800, Total Net Profit: $4,800 + $2,088.
⦁ [Bitcoin Miner S21e XP Hyd]: Investment: $10,000, Total Net Profit: $10,000 + $7,200.
⦁ [Bitcoin Miner U3S23H]: Investment: $30,000, Total Net Profit: $30,000 + $25,500.
⦁ [Avalon Box Air 40Ft]: Investment: $50,000, Total Net Profit: $50,000 + $46,800.
For example:
Invest $50,000 to purchase a $50,000 contract for the [Avalon Box Air 40Ft], with a 52-day term and a daily yield of 1.8%.
The amount of passive income a user can earn daily after successfully purchasing is $50,000 x 1.8% = $900.
After 52 days, the user’s principal and earnings are: $50,000 + $900 x 52 days = $50,000 + $46,800 = $96,800.
(The platform offers a variety of stable income contracts, which can be viewed on the LTCCloudMining website.)
LTCCloudMining’s Security and Sustainability
Trust and security are paramount in the mining industry. LTCCloudMining understands this and prioritizes user safety. LTCCloudMining is committed to transparency and legality, ensuring your investment is protected, allowing you to focus on profitability. All mining farm energy consumption is provided by renewable energy, making cloud mining carbon neutral. Renewable energy protects the environment, delivers exceptional returns, and allows every investor to enjoy opportunities and profits.
Looking Ahead: Innovation and Opportunities at LTCCloudMining
LTCCloudMining is a global leader in cryptocurrency mining, committed to developing and deploying innovative technologies to build a more sustainable and profitable future. LTCCloudMining maintains the world’s leading blockchain ledger and supports the daily energy consumption of mining machines by converting clean, idle, or underutilized energy into economic value, upholding a long-term “Green Planet” philosophy.
Cryptocurrency has unlimited potential, and LTCCloudMining’s cloud mining is one of the safest and most profitable ways to tap into it. Rather than waiting for market trends, smart investors can proactively generate daily passive income and take control of their financial future.
For more information, please visit LTCCloudMining or contact the platform’s official email address: info@ltccloudmining.com.
Disclaimer: The information provided in this press release does not constitute an investment solicitation, nor does it constitute investment advice, financial advice, or trading recommendations. Cryptocurrency mining and staking involve risks and the possibility of losing funds. It is strongly recommended that you perform due diligence before investing or trading in cryptocurrencies and securities, including consulting a professional financial advisor.
About Author
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
Interest rate cuts are coming – investors can expect a 200% increase in returns through Goldenmining
Interest rate cuts are coming – investors can expect a 200% increase in returns through Goldenmining
Smart Investors Are Earning $5K a Day Using LTC Cloud Mining
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