GMC Elev8ed, launched as part of the collapsed Greek Mythology Club Ponzi, has itself collapsed.

Following widespread losses throughout the week, GMC Elev8ed investors are now reporting liquidation.

As of July 18th, 2024, GMC Elev8ed as a whole has recorded a 99.9% loss.

It should be noted that while MyFXBook stats can be easily faked, and are of course not a substitute for audited financial reports filed with regulators, in this instance the data seems to match up with GMC Elev8ed investor losses.

Trouble for GMC Elev8ed investors began on or around July 1st, when equity growth took a nosedive.

From there things only got worse, leading to widespread liquidations reported on July 18th.

Communications between GMC Elev8ed members reveals Brendon Parker blaming “Tal”, a purported trader.

GMC Elev8ed marketing never publicly named its trader, but did claim a heavily tattooed individual would only ever lose up to 1.5% a day.

Shortly after Parker’s partner Zak Anstis reported he was having a meeting with Tal, investors began reporting liquidations.

Parker and Anstis (right) launched Greek Mythology Club in 2022. The first iteration of the scam was an NFT Ponzi grift.

Earlier this year Parker and Anstis launched GMC Elev8ed, promising Greek Mythology Club victims a recovery through automated forex trading.

Passive returns trading schemes typically collapse when the bot blows up. This is typically a ruse through which the owners steal investor funds.