YIPTG has received a pyramid scheme fraud warning from Russia.

As per the Central Bank of Russia’s May 15th warning, YIPTG exhibits “signs of a financial pyramid”.

As reviewed by BehindMLM in April, YIPTG is a “click a button” app Ponzi scheme.

YIPTG’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 YIPTG withdrawal revenue is invested funds.

The pyramid element exists by way of YIPTG financially incentivizing recruitment of new investors.

Without a constant stream of new investors signing up to lose money, YIPTG will promptly collapse.

As of April 2024, SimilarWeb ranks top sources of traffic to YIPTG’s website as Germany (50%), Russia (22%), the US (10%) and Hungary (8%).

YIPTG 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.