Tag Markets’ Zeus Funding Ponzi scheme has collapsed.

Withdrawals were disabled on February 17th, with a series of changing excuses following. Now Zeus Funding victims are being funneled into a newly launched Tag Markets scheme.

On February 16th Zeus Funding informed investors its fraudulent investment scheme was

being updated, and some things aren’t visible while others are.

Once the work is finished, everything will return to normal and the accounts won’t be affected.

On February 17th Zeus Funding maintained the issue was a “temporary display issue” and that “no money has been lost”. Withdrawals were disabled later the same day.

We’re currently carrying out maintenance on CopyX. During this time, trading will be temporarily unavailable and no transactions can be executed.

On February 19th, with withdrawals still disabled, Zeus Funding claimed it was performing “extensive technical upgrades”.

CopyX is currently fully offline due to extensive technical upgrades. Trading and all transactions are temporarily unavailable.

On February 21st Zeus Funding claimed “the update” would be “completed this weekend”.

Instead of informing investors withdrawals had been enabled again, on Sunday, February 22nd Zeus Funding promoted Bit1:

Bit1 is the sixth Daisy Global Ponzi reboot, newly launched on Tag Markets’ platform.

On February 25th Zeus Funding confirmed withdrawals were still disabled;

Please do not create any new accounts on CopyX at the moment. Also, do not make any withdrawals or deposits on any accounts.

The last update is dated March 3rd, informing investors Tag Markets’ “IB Portal” platform will be “temporarily unavailable” across March 2nd and 3rd.

With withdrawals disabled for three weeks now, BehindMLM is calling Zeus Funding’s collapse.

It’s unclear whether Tag Markets will reboot Zeus Funding at some point, or whether investors are just expected to sign up to lose more money in Bit1.

In addition to Bit1 and Zeus Funding, BehindMLM noted Crowd1 Ponzi victims were being funneled into Tag Markets in October 2025. Exfusion is another standalone Tag Markets Ponzi scheme.

While it was run on Tag Markets’ IB Portal Ponzi factory platform, Zeus Funding was fronted by Michael Eder.

Tag Markets is operated by co-founders Jared Esguerra, Kevin Marin and Niklas “Nik” Freihofer.

Esguerra and Freihofer (below) are based out of Dubai, the MLM crime capital of the world.

Marin, cited as Tag Markets’ CEO, is based out of Colombia.

Thus far Tag Markets has attracted the attention of financial regulators in Austria and Russia.

The Central Bank of Russia issued a Tag Markets securities fraud warning on January 29th. Austria’s Financial Markets Authority followed with a second Tag Markets fraud warning on February 20th.

It appears we’ve reached the point where Tag Markets has to collapse failing Ponzi schemes to keep newly launched schemes running.

As investors wisen up to losing money in Tag Markets’ various scams, it’s inevitable the Ponzi factory itself will collapse at some point.