This is what Ownagetom, Moderator at Svbux has to say:

I bring bad news regarding SvBux. It is not what I wanted to hear, nor expected to hear. It has made me very sad indeed, as I'm sure it will make you sad if you used the site...

SvBux is to not come back. The last update I heard was that the admin was looking for a new host. I emailed him an hour ago, and I got a reply telling me that too many people were creating chargebacks. I will post the original email.

Quote from: Admin

Hello,

This is over, Tom.

Too many chargebacks. We've been refunding today nearly 50 times. I just want you to know that we did not earn any big money..., lot of money went to users who have invested on Sv 11-6 weeks ago. A lot of went for server expensives and the Firewall.

I can bet that some of users from Sv have received more profit than I did....

It was really nice time to work with you.

You can do the chargebacks now, go ahead. It's too late for anything.

I will appreciate it if you leave me a contact to you.

I will not be doing any chargebacks because I made profit from this site. I asked admin if there was anyway to get it back, but there's not.

Quote from: Admin

Hello,

I wish I could do something, but I can't... I did not sleep for 2 days looking for a solution, reading forums, chating with support from diffrent hostings but it seems that my experience is too small for big things like a Sv. Now when PayPal is blocked, and the AP is going to be blocked tomorrow, I'm giving up.

Thank you, Tom.

So thanks to these bloody idiots doing chargebacks, the Sv PayPal has closed, and the AlertPay will also close... if people had just been patient and waited then Sv would have been back and we could have continued to earn.

So, I suppose that's it. For those who didn't know, I am ownagetom. I was a mod at SvBux... it was nice to know many of you, but I think now I will leave the PTC world... Sv was the only PTC where I earned well.

If you want more info or anything I can't give it... I'm bearing news from the admin... contact him yourself if you want more.

So, I think this is how the story of SvBux ends. All we can do is hope that SvBux comes back again!!