Billions Trade Club collapses, shell companies exit-scam
Billions Trade Club has collapsed.
Instead of just being honest about running a Ponzi scheme and stealing everybody’s money, Billions Trade Club investors are being fed a “shell companies” exit-scam.
Billions Trade Club disabled withdrawals on July 14th. It wasn’t till July 22nd however that the scam came up with its exit-scam ruse.
As per a notice sent out to investors, Billions Trade Club is hiding its collapse behind the shell company Quantum Leap.
It is important to note that the funds in question are in the custody of Axin, which has managed the account of Quantum Leap Company since the beginning of operations.
In addition, it is worth noting that the partner responsible for carrying out cryptoarbitrage on Quantum Leap is the same person who owns Axin.
The Quantum Leap partner in charge of cryptoarbitrage attributed the lack of contact to technical problems that affected their operations in general.”
During the discussions, several contradictions and insufficient justifications emerged from the partner in charge of cryptocurrency operations, which led Billions Trade Club to terminate its business relationship with the company and request the prompt return of the cryptocurrency funds in Axin’s custody.
Two days after the liquidation request, Billions Trade Club received a document from Axin formally agreeing to the liquidation of the account.
However, this document lacked crucial details, such as specific amounts, exact procedures, and concrete dates for the return of the cryptocurrencies. This lack of clarity has raised concerns among members.
As of July 25th, Billions Trade Club withdrawals remain disabled.
It should be noted that Billions Trade Club doesn’t have anything to do with cryptocurrency arbitrage and never has.
Billions Trade Club is a spinoff of the Smart Business Corp Ponzi scheme, run by former promoters.
Jorge Rodriguez, Billions Trade Club’s CEO, abandoned his FaceBook profile on July 3rd.
Billions Trade Club’s collapse was preceded by a fraud warning issued by the Mexican government last month. As of June 2024, SimilarWeb tracked 61% of Billions Trade Club’s website traffic as originating from Mexico.
While we know the majority of Billions Trade Club investors are from Mexico, total losses remain unknown.
“anything to co”
Oop, thanks. “Co” doesn’t get picked up by spell-check :/.
from Onecoin to Smart to this when will they start putting some people into jail because at the end that’s the only thing that stops scammers.
Smart who was left behind by the creators of this scam are now targeting Europe can you imagine. They stole all the money from the Mexicans were as good as death there because of the Billions Trade scam taking over and when you allow them to revive with the same scam story they will.
In the meantime the Mexican Italian top leaders of Billions are with their fat assess on the beaches in Mexico collecting money that keeps coming in from people they still promote it to as a valid investment can you imagine.