Blackrock 988 has no website, it operates through a Telegram bot “@BlackRock988bot”

As always, if an MLM company is not openly upfront about who is running or owns it, think long and hard about joining and/or handing over any money.

Blackrock 988’s Products

Blackrock 988 has no retailable products or services.

Affiliates are only able to market Blackrock 988 affiliate membership itself.

Blackrock 988’s Compensation Plan

Blackrock 988 affiliates invest tether (USDT). This is done on the promise of advertised returns:

  • VIP1 – invest 3.9 USDT and receive 1.56 USDT a day
  • VIP2 – invest 9 USDT and receive 3.6 USDT a day
  • VIP3 – invest 39 USDT and receive 15.6 USDT a day
  • VIP4 – invest 139 USDT and receive 55.6 USDT a day
  • VIP5 – invest 439 USDT and receive 175.6 USDT a day
  • VIP6 – invest 1399 USDT and receive 559.6 USDT a day
  • VIP7 – invest 3999 USDT and receive 1800 USDT a day
  • VIP8 – invest 9999 USDT and receive 4999 USDT a day
  • VIP9 – invest 39,999 USDT and receive 19,999 USDT a day
  • VIP10 – invest 99,999 USDT and receive 49,999 USDT a day

Referral Commissions

Blackrock 988 pays referral commissions on invested USDT down three levels of recruitment (unilevel):

  • level 1 (personally recruited affiliates) – 12%
  • levels 2 and 3 – 2%

Downline Investment Bonus

Blackrock 988 rewards affiliates for generating downline investment over a rolling 24-hour period:

  • generate 1000 USDT in downline investment and receive 30 USDT
  • generate 3000 USDT in downline investment and receive 100 USDT
  • generate 10,000 USDT in downline investment and receive 380 USDT

Joining Blackrock 988

Blackrock 988 affiliate membership is free.

Full participation in the attached income opportunity requires a minimum 3.9 USDT investment.

Blackrock 988 Conclusion

Blackrock 988 is yet another “click a button” app Ponzi scheme.

Instead of accessing Blackrock 988’s Ponzi app through a website though, investors are directed to a Telegram bot.

After the Blackrock 988 app is installed, the model follows every other “click a button” app Ponzi.

Blackrock 988 misappropriates the name and branding of Blackrock, a US investment management company.

Needless to say Blackrock 988 has nothing to do with Blackrock the investment company.

The presented ruse in Blackrock 988 is affiliates log in and click a button (the more invested the more the button needs to be clicked).

Clicking the button daily qualifies affiliates to receive daily returns.

Clicking a button inside Blackrock 988’s app daily is a pointless task. All Blackrock 988 does is recycle newly invested funds to pay earlier investors.

Blackrock 988 is part of a group of “click a button” app Ponzis that emerged in late 2021.

Examples of recently launched similar Telegram bot “click a button” app Ponzis are Coinbase Quantitative and Whale AI.

Since 2021 BehindMLM has documented hundreds of “click a button” app Ponzis. Most of them last a few weeks to a few months before collapsing.

“Click a button” app Ponzis disappear by disabling both their websites and app. This tends to happen without notice, leaving the majority of investors with a loss (inevitable Ponzi math).

As part of a collapse, “click a button” Ponzi scammers often initiate recovery scams. This sees the scammers demand investors pay a fee to access funds and/or re enable withdrawals.

If any payments are made withdrawals remain disabled or the scammers cease communication.

Organized crime interests from China operate scam factories behind “click a button” Ponzis from south-east Asian countries.

In September 2024, the US Department of Treasury sanctioned Cambodian politician Ly Yong Phat over ties to Chinese human trafficking scam factories.

Through various companies he owns, Phat is alleged to shelter Chinese scammers operating out of Cambodia.

Myanmar claims to have deported over 50,000 Chinese scam factory scammers since October 2023. With “click a button” app scams continuing to feature on BehindMLM though, it is clearly not enough.

In late January 2025, Chinese ministry representatives visited Thailand. The stated aim of the visit was to tackle organized Chinese crime gangs operating from Myanmar.

In early February 2025, Thailand announced it had cut power, internet access and petrol supplies to Chinese scam factories operating across its border with Myanmar.

As of February 20th, Thai and Chinese authorities claim ten thousand trafficked hostages had been freed from Myanmar compounds.

Also on February 20th, five Chinese crime bosses were nabbed in a wider raid of four hundred and fifty arrests in the Philippines.

On March 19th it was reported that, despite the recent raids and arrests, “up to 100,000 people” are still working in Chinese Myanmar scam factories.

Regardless of which country they operate from, ultimately the same group of Chinese scammers are believed to be behind the “click a button” app Ponzi plague.