edX AI pyramid fraud warning from Russia
edX AI has received a pyramid scheme fraud warning from Russia.
As per the Central Bank of Russia’s May 17th warning, edX AI exhibits “signs of a financial pyramid”.
edX AI’s Ponzi ruse is quantitative trading. Investors download the app, invest tether and then “click a button” to qualify for daily returns.
With no verifiable source of external revenue, the only verifiable source of edX AI withdrawal revenue is invested funds.
The pyramid element exists by way of edX AI financially incentivizing recruitment of new investors.
Without a constant stream of new investors signing up to lose money, edX AI will promptly collapse.
edX AI’s website domain was registered on April 25th. BehindMLM reviewed edX AI on May 15th. Today edX AI’s website is no longer accessible.
edX AI is one of hundreds of “click a button” app Ponzis launched since late 2021.
Chinese crime interests operating across Asia are believed to be behind the ongoing “click a button” app Ponzi plague.