Quote:
Originally Posted by daveyc1
I listened to the newest SCN podcast yesterday and they "addressed" this issue.
To begin, they are PSA schills. PSA is a paid sponsor of their show.
They said that a PSA high up told them that PSA itself apparently does not buy cards themselves, but are only a conduit between the buyer and seller?
is this accurate?
The SCN guys seemed to make this out like it was a non issue as far as fraud goes but did mention that they should have got out in front of it earlier.
I am unaware that buyers can go onto the PSA website and make offers on PSA cards which have been recently graded.
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If you started a single-member LLC (so it's really just you) called your LLC "Card Guy, LLC" or whatever, you too could spin a narrative and say "I didn't buy that card" and it would technically be true, wouldn't it? Even though it's totally just semantics to get around you buying a card outright and opening yourself up to conflict of interest talk.
Well, PSA did the same thing. They created "PowerPacks, LCC" this year on 03/13/2025. When you search the public information for the principal address for this "PowerPacks LLC", it's literally PSA's address. LOL
https://bizfileonline.sos.ca.gov/search/business
So PSA gets to say "We aren't buying the cards directly"...but I'm sure
PowerPacks LLC most definitely is for their new unregulated gambling product in collaboration with GameStop called PowerPacks. So when PSA (or anyone else like Neo) keeps insisting that "PSA isn't buying the cards directly", please keep this in mind that it's all incredibly misleading and false.
12-10-2025, 01:48 PM
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