QubitsCube Review: Quantitative trading “click a button” Ponzi
QubitsCube fails to provide ownership or executive information on its websites.
QubitsCube operates from two known website domains “qubitscube.cc” and “m.quibitscube.com”.
Both of QubitsCube’s website domains were first registered in November 2023. The private registrations were last updated on October 13th, 2024.
Over on YouTube, QubitsCube provide a series of staged marketing videos featuring actors.
This random individual, with a very “English is not my first language” accent is presented as QubitsCube CEO “Dominick McGrail.
McGrail doesn’t exist outside of QubitsCube’s marketing material, making him a prime Boris CEO candidate.
In one of QubitsCube’s marketing videos we can see rented office being leased by companies with Chinese and Japanese names:
The company who owns the rented office space appears to be “Nest”. The lessee company names suggest QubitsCube’s Boris CEO marketing videos were shot somewhere in Asia.
The rest of QubitsCube’s marketing videos are stock footage with an AI robodub. This is typical of non-native English speaking admins.
In an attempt to appear legitimate, QubitsCube provides FINCen and New York company registration certificates.
QubitsCube LLC was purportedly registered in New York on November 25th, 2023.
Due to the ease with which scammers are able to incorporate shell companies with bogus details, for the purpose of MLM due-diligence these certificates are meaningless.
FINCen isn’t a financial regulator. Registration of a shell company with FINCen is equally meaningless.
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.
QubitsCube’s Products
QubitsCube has no retailable products or services.
Affiliates are only able to market QubitsCube affiliate membership itself.
QubitsCube’s Compensation Plan
QubitsCube affiliates invest tether (USDT). This is done on the promise of up to 2% a day.
The MLM side of QubitsCube pays on recruitment of affiliate investors.
QubitsCube Affiliate Ranks
There are four affiliate ranks within QubitsCube’s compensation plan.
Along with their respective qualification criteria, they are as follows:
- Bronze – not disclosed
- Silver – not disclosed
- Gold – not disclosed
- Diamond – not disclosed
Referral Commissions
QubitsCube pays referral commissions via a unilevel compensation structure.
A unilevel compensation structure places an affiliate at the top of a unilevel team, with every personally recruited affiliate placed directly under them (level 1):
If any level 1 affiliates recruit new affiliates, they are placed on level 2 of the original affiliate’s unilevel team.
If any level 2 affiliates recruit new affiliates, they are placed on level 3 and so on and so forth down a theoretical infinite number of levels.
QubitsCubs caps payable unilevel team levels at four.
Referral commissions are paid as a percentage of USDT invested across these four levels based on rank:
- Bronze ranked affiliates earn 10% on level 1 (personally recruited affiliates)
- Silver ranked affiliates earn 11% on level 1 and 9% on level 2
- Gold ranked affiliates earn 12% on level 1, 10% on level 2 and 4% on level 3
- Diamond ranked affiliates earn 12% on level 1, 10% on level 2, 4% on level 3 and 1% on level 4
Joining QubitsCube
QubitsCube affiliate membership is free.
Full participation in the attached income opportunity requires a minimum unknown USDT investment (typically 10 USDT or so).
QubitsCube Conclusion
QubitsCube is yet another “click a button” app Ponzi scheme.
QubitsCube’s “click a button” Ponzi ruse is quantitative trading:
Our mission is to empower investors with intelligence, secure, and efficient quantitative trading solutions.
The presented ruse is QubitsCube 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 QubitsCube 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 QubitsCube’s app does nothing. All QubitsCube does is recycle newly invested funds to pay earlier investors.
QubitsCube 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 FlokiAI, SDT Quant and A8 Quantization.
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).
While QubitsCube’s website are still up and the scam is accepting new investment, on October 22nd the company informed investors withdrawals had been disabled.
QubitsCube’s stated exit-scam ruse was an “emergency server upgrade”.
As of October 31st, QubitsCube’s withdrawals remain disabled. The company has trotted out a baloney “five-stage repayment plan” to keep stringing investors along.
As part of a collapse, “click a button” Ponzi scammers often initiate recovery scams. This sees the scammers demand investors pay a fee to access funds and/or re enable withdrawals.
If any payments are made withdrawals remain disabled or the scammers cease communication.
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.