9XProfits Review: AI trading ruse MLM crypto Ponzi
9XProfits fails to verifiable provide ownership or executive information on its website.
Several executives are cited on 9XProfits’ website…
…none of whom exist outside of 9XProfits itself.
Ramming home that point is 9XProfits’ official YouTube channel having twenty videos, none of which feature any of its executives.
Instead 9XProfits’ marketing videos feature non-narrated stock footage combined with CGI.
9XProfits’ website domain (“9xprofits.com”), was privately registered on May 14th, 2023.
In an attempt to appear legitimate, 9XProfits provides shell company certificates for the UK, the US and New Zealand.
Due to the ease with which scammers are able to incorporate shell companies with bogus details, for the purpose of MLM due-diligence these certificates are meaningless.
As always, if an MLM company is not openly upfront about who is running or owns it, think long and hard about joining and/or handing over any money.
9XProfits has no retailable products or services.
Affiliates are only able to market 9XProfits affiliate membership itself.
9XProfits’ Compensation Plan
9XProfits affiliates invest USD equivalents in cryptocurrency.
This is done on the promise of advertised returns:
- Mini – invest $49 to $4999 and receive 200% over 200 days
- Max – invest $5000 to $19,999 and receive 250% over 200 days
- Master – invest $20,000 to $99,99 and receive 300% over 200 days
Note that 9XProfits restricts withdrawals to three times a month (10th, 20th and 30th). A 10% withdrawal fee is also charged.
The MLM side of 9XProfits pays on recruitment of affiliate investors.
9XProfits Affiliate Ranks
There are ten affiliate ranks within 9XProfits’ compensation plan.
Along with their respective qualification criteria, they are as follows:
- Affiliate – sign up as a 9XProfits affiliate
- Hustler – earn $1000 in residual commissions
- Ranger – earn $2500 in residual commissions
- Warrior – earn $10,000 in residual commissions
- Legend – earn $25,000 in residual commissions
- Captain – earn $50,000 in residual commissions
- Conqueror – earn $100,000 in residual commissions
- Grand Master – earn $250,000 in residual commissions
- Crown – earn $500,000 in residual commissions
- Monk – earn $$1,000,000 in residual commissions
9XProfits pays a 10% commission on cryptocurrency invested by personally recruited affiliates.
9XProfits pays residual commissions via a binary compensation structure.
A binary compensation structure places an affiliate at the top of a binary team, split into two sides (left and right):
The first level of the binary team houses two positions. The second level of the binary team is generated by splitting these first two positions into another two positions each (4 positions).
Subsequent levels of the binary team are generated as required, with each new level housing twice as many positions as the previous level.
Positions in the binary team are filled via direct and indirect recruitment of affiliates. Note there is no limit to how deep a binary team can grow.
At the end of each day 9XProfits tallies up new investment volume on both sides of the binary team.
Affiliates are paid 10% of new investment volume on their weaker binary team side.
- Mini investment tier affiliates can earn up to $2500 a day in residual commissions
- Max investment tier affiliates can earn up to $5000 a day in residual commissions
- Master investment tier affiliates can earn up to $10,000 a day in residual commissions
Once paid out on, investment volume is matched against the stronger binary team side and flushed. Leftover volume on the stronger binary team side carries over.
Rank Achievement Bonus
9XProfits rewards affiliates for qualifying at Hustler and higher with the following one-time Rank Achievement Bonuses:
- qualify at Hustler and receive Apple Airpods or $200
- qualify at Ranger and receive an Apple Watch or $500
- qualify at Warrior and receive an Apple iPhone or $2000
- qualify at Legend and receive an “Apple Kit” or $5000
- qualify at Captain and receive a “100 g gold bar” or $10,000
- qualify at Conqueror and receive a “premium watch” or $30,000
- qualify at Grand Master and receive a “luxury car” or $75,000
- qualify at Crown and receive a “modern age villa” or $200,000
- qualify at Monk and receive an “all included world trip” or $400,000
Monthly Sales Incentive
9XProfits rewards affiliates who recruit new investors with a Monthly Sales Incentive:
- generate $10,000 to $49,999 in personally recruited affiliate investment in a month and receive 1% of the investment
- generate $50,000 to $499,999 in personally recruited affiliate investment in a month and receive 2% of the investment
- generate $5,00,000 to $999,999 in personally recruited affiliate investment in a month and receive 3% of the investment
9XProfits affiliate membership is free.
Full participation in the attached income opportunity requires a minimum $49 investment.
9XProfits solicits investment in various cryptocurrencies.
9XProfits represents it generates external revenue via AI trading.
9XPROFITS leads the way in revolutionizing cryptocurrency and investment returns through advanced AI technology.
At the forefront of the trading industry, 9XPROFITS pioneers change in cryptocurrency and investment returns using cutting-edge AI.
No evidence of 9XProfits paying withdrawals with trading revenue or any other external source of revenue is provided.
On the regulatory front, 9XProfits’ passive investment opportunity constitutes a securities offering.
9XProfits fails to provide evidence it has registered its securities offering with a financial regulator in any jurisdiction.
Instead, 9XProfits tries to pass off its meaningless shell companies as an equivalent:
Is 9XProfits a legally compliant venture?
Absolutely! 9XPROFITS has earned its reputation as a trustworthy and transparent player in the competitive financial trading industry.
The company is diligently committed to regulatory compliance and has obtained legal registrations in the United Kingdom, the United States and New Zealand.
By failing to register with financial regulators, 9XProfits is committing securities fraud. Securities fraud is illegal the world over.
As it stands, the only verifiable source of revenue entering 9XProfits is new investment.
Using new investment to pay affiliate withdrawals would make 9XProfits a Ponzi scheme.
As with all MLM Ponzi schemes, once affiliate recruitment dries up so too will new investment.
This will starve 9XProfits of ROI revenue, eventually prompting a collapse.
The math behind Ponzi schemes guarantees that when they collapse, the majority of participants lose money.