GlobTFX, aka GTFX App, fails to provide ownership or executive information on its website.

GlobTFX’s current website domain (“globtfx.com”), was privately registered on July 23rd, 2024.

It should be noted that GlobTFX has disabled root website access on their domain. The company instead operates from two subdomains:

  1. home.globtfx.com – app funnel
  2. h5.globtfx.com – desktop app access

GlobTFX previously operated from the domain “gtfxx.com”, which has since been disabled.

In an attempt to appear legitimate, GlobTFX appears to have registered a shell company with FinCen.

FinCen is not a financial regulator. Seeing as any schmuck can register a shell company with FinCen, doing so in and of itself is meaningless.

If we look at the source-code of GlobTFX’s website, we can see it is localized to Chinese:

This suggests whoever is running GlobTFX 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.

GlobTFX’s Products

GlobTFX has no retailable products or services.

Affiliates are only able to market GlobTFX affiliate membership itself.

GlobTFX’s Compensation Plan

GlobTFX affiliates invest 30 tether (USDT) or more on the promise of 3% to 4% a day.

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

  • level 1 (personally recruited affiliates) – 10%
  • level 2 – not disclosed
  • level 3 – 5%

Joining GlobTFX

GlobTFX affiliate membership is free.

Full participation in the attached income opportunity requires a minimum 30 USDT investment.

GlobTFX Conclusion

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

GlobTFX’s “click a button” Ponzi ruse is quantitative trading:

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

Clicking the button purportedly generates revenue via quantitative trading, which for some reason GlobTFX shares a percentage of with affiliate investors.

If that makes no sense it’s because it doesn’t. Randoms clicking a button in an app doesn’t trigger quantitative trading.

In reality clicking a button inside GlobTFX’s app does nothing. All Coinplex does is recycle newly invested funds to pay earlier investors.

GlobTFX is part of a group of “click a button” app Ponzis that have emerged since late 2021.

Examples of already collapsed “click a button” app Ponzis using the same quantitative trading ruse include SDT Quant,  Pitrex, and TOST.

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 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.