Published October 7, 2026
Before October 1, we published the video below documenting concerns about BlockDAG and the payment expected under its Buyback Programme. October 1 has now passed. Today is October 7, 2026, and the promised USDT payment has still not been received.
That matters because this was not simply an investor hoping BlockDAG might someday pay. The BlockDAG dashboard presented specific buyback information. One promotion offered a $0.05 USDT buyback price to qualifying holders with a minimum of 10 million BDAG. The records showed coins as sold, displayed a payment date of October 1, 2026, and stated that payment would be sent to the investor’s wallet in USDT.
October 1 Came and Went
The payment did not arrive. Numerous attempts have been made to tell BlockDAG that the promised payment was not received and to demand that the obligation be honored. Yet the money remains unpaid while BlockDAG continues presenting new promotions and opportunities.
That raises a simple question every prospective participant should ask: If BlockDAG has not honored an earlier buyback that reached its stated payment date, why should anyone believe the next promotion will be honored?
A new promotion does not erase an old obligation.
This Was Not the Only Buyback Problem
The $0.05 promotion is also part of a larger history of changing buyback programs. Other BlockDAG buyback offers involved different prices and terms. Investors subsequently encountered changing balances, altered calculations and what BlockDAG described in communications as moving verified Buyback Programme balances into New BDAG Presale, including an additional 50% in New BDAG.
But New BDAG is not USDT.
Changing or compressing amounts after a buyback has been presented creates another serious problem: transparency. If an investor is shown a particular number of coins sold at a particular price, the company should be able to provide a clear calculation explaining exactly what happened to every coin and every dollar of the resulting obligation. Instead, investors have been left trying to reconcile changing numbers and changing programs themselves.
And even after all of those changes, the fundamental problem remains: the promised October 1 USDT payment was not received.
Watch What We Said Before October 1
Watch the original pre-October 1 BlockDAG video on YouTube
This video matters because it was produced before the October 1 deadline. It provides a contemporaneous record of the buyback concerns while the October 1 commitment was still pending. Now we know what happened next: October 1 passed, and as of October 7 the payment still has not been received.
From My Experience, This Is a Scam
At some point, investors have to judge a cryptocurrency project by what it actually does rather than what its next advertisement promises. BlockDAG can announce another buyback, deadline, product, exchange or promotion. But what value does another promise have when an existing promise remains unpaid?
Based on my experience with BlockDAG, I consider this a scam and believe prospective purchasers should stay away from it. I invested substantial money based on representations made by BlockDAG. I participated in its buyback program. Its own system displayed sold coins and a payment commitment. October 1 arrived, and the promised USDT did not.
Repeated efforts to obtain the payment have not produced the money. That is why this site will continue documenting what happens.
If BlockDAG claims the payment was made, there is a simple way to resolve the issue: provide the blockchain transaction showing the USDT payment to the designated wallet.
Until that happens, the record as of October 7, 2026 is straightforward: BlockDAG promised a buyback payment. The payment date passed. The money was not received. New promotions do not change that fact.
Anyone considering participating in the next BlockDAG promotion should ask one question first: If they did not honor this one, why should you trust the next one?