I received an email this morning from SP Ting, seeking to distance Snap Innovations from Torque Trading. This promoted me to ask… who is Snap Innovations?
Cloud Token @ BehindMLM
After losing their original website domain because reasons, the Cloud Token scammers have returned with a new domain. Cloud Token’s new website domain (“cloudv2.io”), was privately registered in May 2020. The new website however only went live recently, as per a February 11th announcement.
Cloud Token collapsed during October of last year. Rather than just admit the company’s withdrawals exceeded investment and collapsed, admin Ronald Aai has been stringing investors along for months. After deleting his social media profiles and disappearing earlier this year, Aai has appeared in a new video update. Instead of just admitting Cloud Token was [Continue reading…]
Cloud Token collapsed last October when it stopped paying returns out. Since then you have the familiar post Ponzi mess of “leaders” stringing along those they convinced to invest, lest they turn on them. Ronald Ai, Cloud Token’s only admin, nuked his public social media profiles on December 1st, 2019. He is currently believed to [Continue reading…]
Cloud Token is gearing up to pull a bait and switch on its investors. The “we use trading revenue to pay investors” facade is being replaced by a mandatory SIM card service – although official details have yet to be released. Instead we have Ronald Aai appearing in a private webinar with top Cloud Token [Continue reading…]
Uneasy alliances forged with the common goal of fleecing Cloud Token investors are coming to an end. Cloud Token withdrawals have been suspended for a month or more in some instances. Company support is MIA, reports of selective withdrawal payments are emerging and affiliates are getting restless. Cloud Token’s top “C4” recruiters are buckling under [Continue reading…]
Cloud Token and WoToken are both under investigation by the British Columbia Securities Commission.
Cloud Token has started branding itself as “Cloud 2.0”. As part of that branding effort, the company has recently launched “Rogue”. Attempting to clear up confusion among affiliates as to what Rogue is, Cloud Token admin (and suspected co-owner), Ronald Aai, took to Facebook earlier today to explain.
Mauritius’ Financial Services Commission has issued a securities fraud warning against Cloud Token. In their warning the FSC singles out Cloud Token affiliates promoting the investment opportunity through social media. The groups “Cloud Token Mauritius” and”Cloud Token Indian Ocean and Africa” are singled out by name.
As the most prominent app wallet Ponzi scheme on the market, it’s only a matter of time before Cloud Token attracts regulatory attention. Evidently fully aware of this, Cloud Token has begun to embrace pseudo-compliance.