Glory Assurance fails to provide ownership or executive information on its website.

Glory Assurance operates from two known website domains; gloryassurance.com (marketing) and hashkingdom.com (app).

Both of Glory Assurance’s website domains were privately registered on February 2nd, 2024.

If we look at the source-code of both of Glory Assurance’s websites we find Chinese:

This suggests whoever is running Glory Assurance 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.

Glory Assurance’s Products

Glory Assurance has no retailable products or services.

Affiliates are only able to market Glory Assurance affiliate membership itself.

Glory Assurance’s Compensation Plan

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

Insurance Package (formerly Martingale Strategy)

  • invest 635 USDT and receive 10 USDT a day
  • invest 1270 USDT and receive 20 USDT a day
  • invest 2520 USDT and receive 40 USDT a day
  • invest 6300 USDT and receive 100 USDT a day
  • invest 12,600 USDT and receive 200 USDT a day
  • invest 25,200 USDT and receive 400 USDT a day

Entrust Package

Invest 100 to 25,200 USDT and receive

  • 0.2% a day for 30 days;
  • 0.3% a day for 60 days;
  • 0.4% a day for 90 days; or
  • 0.5% a day for 180 days

Glory Assurance pays referral commissions on invested USDT. Specific details are hidden from the public.

Joining Glory Assurance

Glory Assurance affiliate membership is free.

Full participation in the attached income opportunity requires a minimum 100 USDT investment.

Glory Assurance Conclusion

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

While Glory Assurance’s marketing website is full of baloney about insurance, the actual investment scheme is a run-of-the-mill trading signals ruse.

The presented ruse is Glory Assurance 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. Some of this is offloaded to Hash Kingdon, wherein investors are duped into thinking legitimate trading is taking place.

For some reason Glory Assurance can’t execute its purported trades on its own. They instead opt 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 Glory Assurance’s app does nothing. All Glory Assurance does is recycle newly invested funds to pay earlier investors.

Glory Assurance 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 trading signals 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.