ByteEpic Review: Trading signals “click a button” Ponzi
ByteEpic fails to provide ownership or executive information on its website.
ByteEpic operates from three known website domains:
- byteepic.vip – marketing website, registered with bogus details on August 22nd, 2024
- epic-bytes.com – app, private November 3rd, 2023 registration last updated on May 29th, 2024
- byteepic.com (already abandoned) – privately registered on October 10th, 2024
Despite only existing for a year at best, on its website ByteEpic falsely claims it was “founded in 2013”:
ByteEpic’s claim it is “headquartered” in the US is also based on nothing more than a purported Californian registered shell company. ByteEpic is unlikely to have any actual physical ties to the US.
Of note is pictures displayed on ByteEpic’s website being named in Chinese:
This suggests whoever is running ByteEpic has ties to China.
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.
ByteEpic’s Products
ByteEpic has no retailable products or services.
Affiliates are only able to market ByteEpic affiliate membership itself.
ByteEpic’s Compensation Plan
ByteEpic affiliates invest tether. This is done on the promise of advertised passive returns.
- VIP1 – invest 50 to 1500 USDT and receive 2.02% to 2.52% a day
ByteEpic has higher VIP investment tiers but details are not disclosed.
ByteEpic also fails to disclose referral commission rates.
Joining ByteEpic
ByteEpic affiliate membership is free.
Full participation in the attached income opportunity requires an investment in tether.
ByteEpic Conclusion
ByteEpic is yet another “click a button” app Ponzi scheme.
ByteEpic’s “click a button” Ponzi ruse is trading signals:
The presented ruse is ByteEpic affiliates log in and click a button (the more invested the more the button needs to be clicked).
Clicking the button purportedly ties into executing provided trading signals.
For some reason ByteEpic can’t execute these trades on their own, instead opting for the ruse of sharing trading profits with investors.
If that makes no sense it’s because it doesn’t. Why get randoms to click a button in a dodgy app when you could just execute the trades yourself?
In reality clicking a button inside ByteEpic’s app does nothing. All ByteEpic does is recycle newly invested funds to pay earlier investors.
ByteEpic is part of a group of “click a button” app Ponzis that have emerged since late 2021.
Examples of already collapsed “click a button” Ponzis using the same app ruse include RainbowEx, Gxness and TRC Trade.
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).
Organized crime interests from China operate scam factories behind “click a button” Ponzis, typically 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.
Regardless of which country they operate from, the same group of Chinese scammers are believed to be behind the “click a button” app Ponzi plague.