Trillant Ponzi collapses, withdrawals disabled
Erich Ely’s Trillant Ponzi scheme has collapsed.
In a December 27th “important notice” posted on its website, Trillant advised investors withdrawals have been disabled.
Trillant’s exit-scam ruse of choice is a “compliance review”.
We are currently undergoing a compliance review due to negative reports in the media.
Our lawyers are working intensively on the matter and are in direct contact with the relevant authorities.
All details are currently being thoroughly examined. As soon as we have the results, we will inform you immediately.
Due to this ongoing legal review, we are temporarily forced to take the following unfortunate steps:
-Deposit of Litecoin or Bitcoin to activate new add-on packages is paused
-Payout of Trillon and Trillon External on XT.com will be paused
-Profits on the staking of Trillant and Add-On and the associated commissions are paused
Trillant’s collapse follows news of a German fraud investigation back in July.
Trillant was a simple MLM crypto Ponzi, utilizing the common “staking” model.
Total Trillant investor losses are unknown but the majority of victims are believed to be from Germany and Switzerland.
As of November 2023, SimilarWeb tracked ~68,000 monthly visits to Trillant’s website. Top sources of traffic were Germany (30%), Switzerland (29%) and Poland (11%).
As of December 2023, the German investigation has expanded to include Trillant. German, Swiss and Austrian authorities are reported to be investigating investment fraud and money laundering.
Public Prosecutors believe football club DSV Leoben was central to laundering Paraiba World investor funds. Twenty suspects across Austria, Germany and Switzerland have been identified.
Ely himself is a German national. Rumored to have fled to Dubai, following Trillant’s collapse Ely’s current whereabouts and status remain unknown.