CBI Global disables payouts, Ponzi collapses again
Leaked Telegram updates reveal CBI Global has disabled payouts.
CBI Global is a reboot of the Uhuru Tribe Ponzi scheme, which collapsed late last year.
CBI Global announced it was disabling payouts on a July 1st webinar.
According to terms and conditions when participating in CBI products CBI reserves the right to freeze pools and products in times when the markets are very volatile.
This has been the case for the past two months and it has become necessary for CBI to so.
Instead of just admitting CBI Global is a Ponzi scheme that has collapsed, cryptocurrency “market volatility” is cited reason for disabling payouts.
The trade Pools and the Fixed Plans will be frozen until BTC reach a price of $43000 or the total market cap is back at $1.9T (trillion)
Currently BTC is at $33482 and the market cap at $1.38T.
The above figures suggest CBI Global is $9518 in the red for every bitcoin invested into the scheme.
For now it’s a paper loss, if we sell the Pools off it becomes a real loss.
Withdrawals into these products are frozen (Whether deposits are frozen as well, will be confirmed in the morning).
CBI Global affiliates are able to withdraw backoffice funds, but have been warned “it will drastically affect the fund and the value will drop”.
CBI Global owner Coenraad “Coenie” Botha has requested CBI Global affiliates be “thankful” for the collapse.
EVERYONE will be THANKFUL CBI did what they did to protect the investor’s funds and the company – (the same as they did in 2018 and the results for the investors where brilliant!)
Botha (right) is believed to run CBI Global from Namibia. Based on website traffic analysis, CBI Global is primarily marketed in Namibia.
In our original Uhuru Tribe review, we reported Botha was using South African bank accounts to run his Ponzi.
To date regulators in South Africa and Namibia have taken no action against CBI Global or Botha.
Aw man Coenie Botha International having more payment problems?
Must be rough running a Ponzi currently. The end of the Bull-run and subsequent BTC price crash has significantly shrunk Ponzi wallet balances necessitating “Payment delays” “Incorrect payments” and “Disabled Payouts” in a few schemes.
Just look at CashFX, Praetorian Group and good old CBI here.
GO SOUTH AFRICA! the three latest article topics on behindmlm are all local.
Damn SA people are pumping the schemes like there’s no tomorrow.
Cbi is not ponzi scheme. They great investment. You should get facts correct.
Today accounts and withdrawal where activated. So back to normal.
Of course it’s a Ponzi scheme. Enjoy the temporary stealing till CBI collapses again.
And sorry for your loss.
No cure for stupid.
Hi sir, please respect people, even if they are wrong.
I don’t like your behavior but will never insult you for that or in public.
Good day poorly informed team…
Withdrawals were just FROZEN to protect the members’ capital in the 2 trading pools/products, instead of carry on trading in a market that dropped badly, all in the interest of the members!
Familiar yourself with the definition of “Ponzi” before commenting CBI with tha description…
CBI is not a piramide scheme, neither do they promise rediculous, untrue huge growth. No need for Peter to pay Paul, the growth gets determinaned by the growth of the markets, no fake, empty promises like ex. MTI, Finalmente and Beurax.
You don’t have to introduce new members to receive extra growth!
If you do have a team under you, you have to train them to use the system and for that you receive a “thank you” in the form of ekstra tokens when you register as a Wealth Creator and take charge of your team.
You can have 10000 members in your team, but without training and looking after them, you will not benifit financially, but give them the opportunity to help themselves.
If you still see CBI as a ponzi, it must be the longest lasting successful Ponzi ever!
During the freezing of the trade pools, the members could still withdraw from their other products not involved in the freezing because of the well planned strategies and setup of those products!
That statement of you is untrue, instead of focusing on the tip of the ice burg that is “vissable”, focus on the 70% that is not, but keeps the platform strong and in well thought through happenings below the surface!
CBI is up and running again…
What happened with (Ozedit: derails removed)
Thank you CBI for caring even for the little fish!!
If you buy into the marketing narrative, withdrawals are profit. How does disabling withdrawals protect trading funds?
Done and done. CBI Global is a Ponzi scheme.
MLM + no retail = pyramid scheme.
So UHU tokens have finally been abandoned for whatever ekstra tokens are then?
A Ponzi schemes that has collapsed at least three times because it ran out of money is hardly successful.
Sorry for your loss.
Uh, it’s kinda the most important thing to know when your Ponzi collapses (again).
Exactly why they don’t need to know those things at this stage, because CBI is NOT a Ponzi.
Mate I think you left your brain in the loo. 404 logic not found.
Were you one of those “slow” kids in school?
Anyone getting withdrawals from CBI?
Apparently not unless you pay stupid fees.
CBI took investment and bought Uhu and Cbix7 tokens. Both are delisted and worthless.
What happened to the personal investments promise to invest in BTC? If it was all BTC based instead of investing in their self-created tokens all would be transparent and honest even with the crypto crash or winter.
Looking at transactions with the Cbix7 token it’s obvious that big lump sums have been regularly withdrawn and went through mixers (laundering) and are gone now.
A N$ 20K investment in 2021 is now worth N$ 5. You probably have to pay N$ 10 just to get your 5 out! ….but where is the money?
You invested in a Ponzi scheme and Coenie Botha and his top recruiters stole your money.
Anything beyond that is Ponzi smoke and mirrors.