QTCPCoin fails to provide ownership or executive information on its website.

QTCPCoin’s website domain (“qtcpcoin.com”), was privately registered on June 21st, 2024.

QTCPCoin falsely represents it is based out of the US and has registered with several financial regulators.

QTCPCoin, a leading global digital currency trading platform, which has obtained dual MSB licenses from the United States and Canada, as well as regulatory licenses from the U.S., NFA and SEC, is currently applying for regulatory certification from the UK Financial Conduct Authority (FCA).

None of these claims are true. In fact the FCA issued a QTCPCoin fraud warning on November 20th, 2024.

If we look at QTCPCoin’s website source-code we find Chinese:

This suggests whoever is running QTCPCoin 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.

QTCPCoin’s Products

QTCPCoin has no retailable products or services.

Affiliates are only able to market QTCPCoin affiliate membership itself.

QTCPCoin’s Compensation Plan

QTCPCoin affiliates invest tether (USDT). This is done on the promise of non-publicly disclosed returns.

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

QTCPCoin doesn’t publicly disclose specific referral commission rates.

Joining QTCPCoin

QTCPCoin affiliate membership is free.

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

QTCPCoin Conclusion

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

QTCPCoin’s “click a button” Ponzi ruse is trading signals:

The presented ruse is QTCPCoin 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 QTCPCoin 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 QTCPCoin’s app does nothing. All Finopta does is recycle newly invested funds to pay earlier investors.

QTCPCoin 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.