BR-USDT Review: Task-based “click a button” app Ponzi
BR-USDT fails to provide ownership or executive information on its website.
BR-USDT’s website domain (“br-usdt.com”), was privately registered with bogus details on April 16th, 2024.
Of note is BR-USDT’s domain being registered through the Chinese registrar Alibaba (Singapore).
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.
BR-USDT’s Products
BR-USDT has no retailable products or services.
Affiliates are only able to market BR-USDT affiliate membership itself.
BR-USDT’s Compensation Plan
BR-USDT affiliates invest tether (USDT).
This is done on the promise of advertised returns:
- VIP2 – invest 25 USDT and receive 9.5 USDT a day
- VIP3 – invest 85 USDT and receive 43 USDT a day
- VIP4 – invest 195 USDT and receive 105 USDT a day
- VIP5 – invest 395 USDT and receive 225 USDT a day
- VIP6 – invest 795 USDT and receive 470 USDT a day
BR-USDT pays referral commissions on invested USDT down three levels of recruitment (unilevel):
- level 1 (personally recruited affiliates) – 10%
- level 2 – 3%
- level 3 – 1%
Joining BR-USDT
BR-USDT affiliate membership is free.
Full particpation in the attached income opportunity requires a minimum 25 USDT investment.
BR-USDT Conclusion
BR-USDT is yet another “click a button” app Ponzi scheme.
The scam misappropriates the name and branding of US semiconductor company Broadcom Inc.
BR-USDT falsely represents it is associated with Broadcom;
On February 15, 2024, Broadcom entered into a strategic cooperation agreement with Grayscale.
The business scope will provide a number of services including market information, investment exposure and investment products related to the developing digital currency asset class, providing some of the world’s largest Publicly traded cryptocurrency funds, including Grayscale Bitcoin Trust and Grayscale Ethereum Trust, nearly 20 publicly traded investment products. USDT Mall is one of the projects.
To be clear, BR-USDT has nothing to do with Broadcom or Grayscale.
BR-USDT doesn’t bother coming up with a ruse. This makes it a typical “task-based” Ponzi scheme.
The assigned task in BR-USDT sees affiliates log in daily and click a button:
This qualifies them to receive daily returns as advertised.
Clicking a button inside BR-USDT does nothing. All BR-USDT does is recycle newly invested funds to pay earlier investors.
Examples of already collapsed “click a button” app Ponzis using the same ecommerce ruse are HappyLook, Movss and FocuStar.
Including BR-USDT, BehindMLM has thus far documented over a hundred “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).
The same group of Chinese scammers are believed to be behind the “click a button” app Ponzi plague.