ABC Holdings Review: Arkbit Capital Ponzi reboot
ABC Holdings fails to provide ownership or executive information on its website.
ABC Holdings has two known website domains:
- abcholdings.io – privately registered on September 28th, 2023
- abcmining.me – privately registered on October 27th, 2023
- abcai.me – privately registered on October 29th, 2023
On both of ABC Holdings’ websites there are references to “Arkbit Capital Holdings”.
Arkbit Capital was an MLM crypto Ponzi that launched in late 2022.
Heading up Arkbit Capital was Boris CEO “Thomas Brewer”.
Brewer was played by US actor Mike Wolfe. Other than the same photo appearing on ABC Holdings’ website (“abcmining.me”), Wolfe doesn’t feature in ABC Holdings’ marketing.
It appears Wolfe stopped playing Brewer prior to BehindMLM’s January 2023 Arkbit Capital review.
On December 3rd, 2022, Arkbit Capital uploaded a YouTube video revealing new CEO “Delmar Estabrook”.
I don’t have a name but the man playing Estabrook has a North American accent. Like Wolfe, he’s likely an actor picked up from somewhere.
As of November 2023, the actor playing Estabrook still featured in ABC Holdings’ marketing:
BehindMLM noted Arkbit Capital’s collapse on November 24th, 2023. ABC Holdings is an effective reboot.
While we can’t say for sure who’s behind ABC Holdings, Boris CEO MLM Ponzi schemes are typically the work of eastern European scammers (Russia and/or Ukraine).
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.
ABC Holdings’ Products
ABC Holdings has no retailable products or services.
Affiliates are only able to market ABC Holdings affiliate membership itself.
ABC Holdings’ Compensation Plan
ABC Holdings affiliates invest USD equivalents in cryptocurrency.
This is done on the promise of a passive return:
- Novice – invest $50 to $4999 and receive 1.6% a day
- Plus – invest $5000 to $9999 and receive 1.9% a day
- Proficient – invest $10,000 to $24,999 and receive 2.2% a day
- Supreme – invest $25,000 to $49,999 and receive 2.5% a day
The MLM side of ABC Holdings pays on recruitment of new investors.
ABC Holdings pays a 6% commission on cryptocurrency invested by personally recruited affiliates.
ABC Holdings 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 ABC Holdings 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.
Once paid out, volume is matched against the stronger binary team side and flushed. Any leftover volume on the stronger binary team side carries over.
Joining ABC Holdings
ABC Holdings affiliate membership is free.
Full participation in the attached income opportunity requires a minimum $50 investment.
ABC Holdings Conclusion
Arkbit Capital’s Ponzi ruse was cryptocurrency mining operations in Arkansas. In issuing their order, ASD confirmed this was baloney.
ABC Holdings’ Ponzi ruse is supplying fictional energy to Arkbit Capital’s fictional mining operations.
This purportedly takes place through “ARK Energies”, with data center and AI ruses also cited:
Despite ASD confirming Arkbit Capital had no operations in Arkansas, ABC Holdings maintains the facade.
With no verifiable business operations generating external revenue, it’s obvious all Arkbit Capital and now ABC Holdings does is recycle newly invested funds to pay off existing investors.
As with all MLM Ponzi schemes, once affiliate recruitment dries up so too will new investment.
This will starve ABC Holdings of ROI revenue, eventually prompting a collapse.
The math behind Ponzi schemes guarantees that when they collapse, the majority of participants lose money.