GSPartners corporate dumped 2 billion G999 tokens?
At the core of every MLM token Ponzi scheme is the big stash of admin tokens.
These tokens are created out of thin air and dumped to extract funds out of the scheme.
If analysis of G999 blockchain is accurate, GSPartners had dumped over 2 billion G999 tokens to date.
Not so much a leak as data analysis, our source material is a GitHub project created in the last 24 hours.
Based on official data from G999’s blockchain, the GitHub spreadsheet details transactions across a series of G999 wallets created prior to the public October 15th, 2020 launch.
We can verify the launch date courtesy of an October 7th GSB Gold Standard Banking Corporation AG press-release;
It should be mentioned that G999 will be available on the open market from 15 October 2020.
Given the public didn’t have access to G999 prior to this date, the hypothesis is any account created prior to October 15th belonged to GSB corporate.
Based on spreadsheet data spanning Jan 1st to April 1st 2021;
- 603.725 million G999 was dumped in January 2021
- 705.094 million G999 was dumped in February 2021
- 593.123 million G999 was dumped in March 2021
- 129.691 million G999 has been dumped in April 2021 so far
The total G999 dumped by corporate wallets comes to 2.03 billion tokens.
Upon debuting on dodgy public exchanges in early February, G999 pumped to 2.39 cents.
Since early March G999 has been in dump decline. It is currently trading at $0.0039 (0.39 of a cent).
GSB was launched as the MLM opportunity GSPartners.
The company is run by Josip Heit (left in the photo right), who is believed to be the primary benefactor of G999 corporate dumping.
While the trading value of G999 might seem low, the number of G999 tokens being dumped still returns a tidy profit.
Across March 2021 G999 dumped from 1.9 cents to ~0.8 cents.
If we average that out to 1 cent, GSPartners corporate made ~$5.9 million (slightly more or less depending on when exactly tokens were dumped during the month).
Regardless of exactly how much was made, what’s important is that the only person profiting off G999 is owner Josip Heit.
BehindMLM reviewed GSPartners in late February.
According to Alexa, mid March or so traffic to GSPartners’ website went into decline.
Alexa’s traffic analysis suggest the majority of GSPartners affiliate investors are from the US (43%), followed by South Africa (13%) and India (9%).
Update 9th June 2021 – Following G999’s flop, GSPartners is gearing up to launch a new JONE shitcoin.
Wait wait wait..
If I got a founding offer/presale/ICO at a great discount, and the coin is slated to go to the moon in value soon, why would I sell even 1 coin, let alone 2 billion?
I’d be a daft idiot wouldn’t I? (Unless I had 0 faith and believed the value would in fact decrease)
Secret tip for anybody buying G999, you are holding the bag for people who are only interested in cashing out as soon as possible and to get their referral fees monthly since the Coins won’t sustain their lifestyles clearly.
I have noticed a recent increase in videos promoting the G999 and Gold Standard Partners Ponzi scam. No matter how hard one tries, it is difficult to make people realise it is just a rebranding of the Karatbars scam.
One individual even denied it has any connection to Karatbars, despite the fact that Jospit Heit was “chairman of the board” of Karatbars!
V999 / Freebay is also another rebranding of the Karatbars scam, fronted by “Dr” Harald Seiz. Formerly CEO of Karatbars.
Fools and their feit currency and cryptocoins are easily parted.
Hello everyone,i pointed out all the wrong thing to a member and here his response.
So i don’t know what is the deal with this company,where you guys wrong?
This person is talking out of their ass. Go on, ask them for case numbers.
There were no criminal charges and there are no exchanges warnings to begin with. GSPartners isn’t listed on any stock exchange because securities fraud is illegal.
With or without criminal charges and warnings, GSPartners is still the same Ponzi scheme it’s always been.
And as a rule of thumb, any time someone starts crapping on about hAtErZ, take it as confirmation whatever company you’re discussing is a scam and run.
Thanks i didn’t think about asking for the case number,i will see what he respond to that.
Here’s the message of one the top leaders in response of me asking for the court case number and everything
Coingecko and CMC are private websites. These aren’t regulators so who cares what they do or don’t put on their website.
I assume you asked for the case number and didn’t get one. You have your answer.
Ponzi scammers making up the usual BS to shill their Ponzi coin.
Lol, Dubai the MLM scam capital of the world. Maybe Heit bought the handmedown bank Ruja Ignatova didn’t get from the Al Qassimis.
Any time you MLM + Dubai it’s a scam.
Haven’t heard of Nvayo but creating shell companies to hide from regulators doesn’t work.
GSB == GSPartners == Nvayo == any other shell companies they trot out. It’s all the same scam and securities fraud is illegal the world over (except the UAE lol).
I’m assuming the guy you’re talking to isn’t in Dubai. GSPartners isn’t registered to offer securities in their country.
That should be what you call them out on. Everything else is just made-up.
Too bad they are getting banned in more and more countries,and their previous schemes are catching up with cases and bans in multiple countries.
I’m not seeing a court case number in that message. Nor any kind of “proof” whatsoever.
Which means you need to ask yourself: why would this person who is asking for my money lie to me?
Saying “if you ask for proof this is not for you” is essentially admitting he’s a scammer.
He’s told you flat-out that this “opportunity” is only for morons who’ll believe anything they’re told.
Thanks everyone i have doubts at first because it was the same guy who was promoting R Network very hard… but the fact that they do have a credit card made me hesitate, is it do easy to have a credit card?
Yes, it is. Scammers do it all the time while claiming it shows how totally “legitimate and transparent” they are.
I had to chuckle at their mention of “press release after press release,” (#6) because that’s another common appeal scammers make. There are plenty of sites where anyone can claim anything they want to via “press release.” It means nothing in terms of legitimizing a company.
So ironic that they put “proof” in quotation marks, because it isn’t proof at all. It’s just a bunch of empty claims with no documentary evidence to back them up.
That closing statement implies you are foolish for not believing them. To believe their nonsense would be foolish.
Yes i can believe he tries to use this trick, like it is not for me or that I am not ready.. maybe he’s used to close a deal that way.
Thanks again everyone, it seems people put their scam to some other level now, because of website like yours, they need to do everything they can to appear legit.
Yeah it’s easy. All you need is a shell company and dodgy merchant.
Scams getting credit cards was more popular before crypto became the defacto choice for MLM Ponzis.
Ok thank you very much everyone!!
More talk in this at the end about further coin dumping
Also interesting is the bit I linked to. Bruce talking about the SEC taking a company to court. He should probably look in the mirror as it looks a lot like GSB