Articles under ‘USI-Tech’:

Genesis Mining denies USI-Tech partnership, Omnia Tech C&D

Desperate to provide evidence of an external source of revenue, about a week ago USI-Tech affiliates began circulating footage of “a new data center in Iceland”. It didn’t take long for people to realize that USI-Tech’s “new data center” looked identical to that of Genesis Mining’s facility, also in Iceland. This prompted speculation that USI-Tech [Continue reading…]

USI-Tech lied about $70 million dollar BitFury contract?

Not content with spreading lies about registering their Ponzi scheme with the SEC, USI-Tech and their affiliates are spreading porky pies about a contract with BitFury. For those unfamiliar with the company, BitFury claim to be a “full service Blockchain technology company”. The Bitfury Group develops and delivers both the software and the hardware solutions [Continue reading…]

Legal opinion claims USI-Tech’s unregistered securities legal in the US?

In what is shaping up the be the latest MLM attorney blunder, the law firm Hart & David have purportedly put their stamp of approval on USI-Tech. For those unfamiliar with the company, USI-Tech initially combined pyramid recruitment with an automated forex trading platform. USI-Tech affiliates deposited €600 EUR on the promise of an entirely [Continue reading…]

USI-Tech Review 2.0: Forex auto-trading dropped for bitcoin Ponzi

USI-Tech’s original business model saw the company charge affiliates €600 EUR for access to an automated forex trading platform. USI-Tech claimed their bot had made ROIs of up to 150% annually in the past, but provided no proof of past or present trading taking place. The problem with USI-Tech’s original model, at least as far [Continue reading…]

USI-Tech Review: Automated forex platform & recruitment

There is no information on the USI-Tech website indicating who owns or runs the business. The USI-Tech website domain (“”) was registered on the 23rd of June, 2016. Joao Severino is listed as the owner of the domain, with an address in Portugal also provided. Possibly due to language barriers, I was unable to put together [Continue reading…]