Crypto Crown Ponzi collapses, reboots as Crown Global Ltd
The Crypto Crown Ponzi scheme has collapsed.
As per an email sent out back in June, Crypto Crown was rebooted as Crown Global Ltd.
The biggest change between Crypto Crown and Crown Global is that new investors are required to invest $27,500.
This is up from Crypto Crown’s $500, and tells you a lot about how desperate things are.
I’m not sure when it went down but Crypto Crown operated from the website domain “cryptocrown.vip”). Today a visit to that domain returns a blank page.
Crown Global Ltd operates from “crownglobal.io”, privately registered on June 14th, 2022.
A visit to Crown Global Ltd’s website reveals its nothing more than an affiliate login/sign-up page:
As per an email sent out from “Crypto Crown Inc.” to investors on June 23rd;
There has been a few changes to the platform:
- All the Royalty Trading members will be moved to a new platform. It’ll be called Crown Global Ltd. The new domain and email will be shared after the transition.
- CCI will still be available but only for the members that were part of the original program called Launchpad/EnjinStarer will be able to access it [sic].
- There will be an annual membership fee of $75 for all Royalty Trading members.
- All new members must purchase a minimum of 50 units ($27,500 USDT/USDC) in order to secure their account.
Both Crypto Crown and Crown Global Ltd pitch an 18.5% ROI in the first six months. This is followed by 22.5% over the six months after that.
An attached MLM compensation plan pays on recruitment of affiliate investors.
Crown Global Ltd is run through a series of Canadian shell companies. Whether the scammers behind the Ponzi scheme are based in Canada is unclear.
SimilarWeb tracked 26,000 visits to Crown Global Ltd’s website in September, 17,000 in October and 36,000 in November.
The majority of traffic originates from the US (29%), followed by France (17%), Spain (14%) and Indonesia (14%).
Crown Global Ltd is not registered to offer securities in any jurisdiction. This means that, at a minimum, Crown Global Ltd and its promoters are committing securities fraud.
BehindMLM maintains that MLM companies committing securities fraud are Ponzi schemes.
Total Crypto Crown victim numbers and losses remain unknown. Pending Crown Global Ltd’s second collapse, we’ll keep you posted.
So far no loses a recorded with crown global. dont know the rate that this is growing. but according to what i see. still getting paid 22.5% a month without even having to click a withdraw button directly to wallet.
Definitely Canadian. Managed to sneak inside a call they had.
18.5% to 22.5% a month for most of 2022? Lulz.
If actually had a bot capable of that why operate illegally?
From what I heard in the zoom. its a trader who’s doing this miracle work lol.
They dont let anyone talk about them outside or they will kick them out hence why we cant see much on social media.
If this mystery trader was able to make 22.5% a month, they wouldn’t be wasting their time with MLM securities fraud.
Has anyone invested with them? Any previous Crypto Crown members / investors have any input?
This article is just a defamation statement providing no proofs whatsoever supporting its claim. (Ozedit: derails removed)
Feel free to address the fact that Crypto Global collapsed and Crypto Crown is continues to commit securities fraud because it’s a Ponzi scheme.
I won’t be replying to your email demanding this article be taken down either.
Anyone can prove Crown Global is committing securities fraud. Go look them up on the SEC’s publicly available Edgar database.
Crown Global is not registered with the SEC. And this is a problem because the majority of Crown Global’s website traffic originates from the US.
MLM + securities fraud = Ponzi scheme.
Last warning, address these facts or spam-bin.
This triggers scammed the wrong person. Haitian gonna climb thru the ceiling.