AntUSDT Review: App-based Boris CEO Ponzi scheme
AntUSDT provides no information on its website about who owns or runs the company.
In fact as I write this, AntUSDT’s website is nothing more than an affiliate registration and login form. Links to unofficial apps are also provided.
Perusal of AntUSDT’s website source-code reveals Chinese text.
This strongly suggests a Chinese admin or at the very least someone fluent in Chinese is running AntUSDT.
This is further supported by early AntUSDT marketing videos, which are narrated in Chinese.
Two videos depict advertising billboards in random places in Taiwan.
We could also have Russian scammers utilizing a Chinese/Taiwanese dev team.
On June 27th AntUSDT uploaded a video to its official YouTube channel titled “ANTUSDT Cryptocurrency Mixer Awarded a prize of US $200,000 by the headquarter in London, UK”.
The video is your typical Boris CEO affair, featuring the usual cast of characters with eastern European accents.
The video does appear to be shot in the UK, likely because on July 19th the UK opened up as per its “Freedom Day” policy.
The closest I got to a pinpoint location was when the actors were in a small conference room. A sign reading “Y4 Office Space” can be seen through the window in certain shots.
I wasn’t able to progress any further than that.
Update 7th September 2021 – A reader has provided business details for Y4 rented offices in Kiev, Ukraine.
The building adjacent to Y4 Office Space, where AntUSDT shot their video, is the business “Hub 4.0”.
Hub 4.0 also sells office space, with meeting rooms starting at 300 Hryvnia (UAH) an hour (~$11 USD).
Here’s the gate outside the Hub 4.0 building, as seen on Google Maps (2019):
Here’s the same gate, as used in AntUSDT’s marketing video but shot from the other side (2021):
Note that Y4 Office Space hasn’t moved into the building across the road, it’s still boarded up in the Google Maps screenshot.
A complete floor plan of Hub 4.0 is available, however it also predates Y4 Office Space moving in.
I went looking for the exact room AntUSDT used on the first or second floor and couldn’t find it. I then went up to some windows and noted the same pre Y4 Office Space boarded up building.
The dining footage in AntUSDT’s video was shot next door to Hub 4.0 at “Italian from Beirut”.
Here’s a shot inside from the restaurant’s TripAdvisor page (Nov 2018):
Here’s the same seating in AntUSDT’s marketing video, shot from the opposite angle (2021):
The only difference is the indoor tree has been moved towards the window, and the chairs in front of the couch have been pushed back against the tree.
Together these shots provide conclusive evidence that AntUSDT’s marketing video was shot in Kiev, Ukraine.
The take-away from this is Ukranian scammers are behind AntUSDT. The link to Taiwan remains unclear.
Note that neither Hub 4.0 or Italian from Beirut are implicated. They are third-party businesses that have nothing to do with AntUSDT. /end update
AntUSDT’s Boris CEO is “Andy”, played by this guy:
I wasn’t able to pin down a name but “Andy” is a prolific stock photo model with a very obvious Russian accent.
Here he is playing a pilot, a guy in a taxi and a family man:
At the time of publication Alexa ranks top sources of traffic to AntUSDT’s website as Russia (33%), Ukraine (11%) and Sri Lanka (7%).
Russia and the Ukraine contributing 44% of AntUSDT website traffic supports the Russians working Asian devs theory.
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.
AntUSDT has no retailable products or services.
Affiliates are only able to market AntUSDT affiliate membership itself.
AntUSDT’s Compensation Plan
AntUSDT affiliates invest cryptocurrency on the promise of advertised returns.
Returns seem to be less than 1%, paid every 12-14 hours.
Specific ROI rates are determined by which cryptocurrency an AntUSDT affiliate invests.
AntUSDT pays referral commissions but I wasn’t able to ascertain whether they’re paid on invested funds or generated returns.
In any event, AntUSDT pays referral commissions via a unilevel compensation structure.
A unilevel compensation structure places an affiliate at the top of a unilevel team, with every personally recruited affiliate placed directly under them (level 1):
If any level 1 affiliates recruit new affiliates, they are placed on level 2 of the original affiliate’s unilevel team.
If any level 2 affiliates recruit new affiliates, they are placed on level 3 and so on and so forth down a theoretical infinite number of levels.
AntUSDT caps payable unilevel team levels at six. Referral commissions are paid out across these levels as follows:
- level 1 (personally recruited affiliates) – 30%
- level 2 – 20%
- level 3 – 10%
- levels 4 to 6 – 5%
Given those percentages, I’m leaning towards referral commissions being paid on generated returns.
Update 8th September 2021 – A BehindMLM reader in the comments below has confirmed referral commissions are paid on returns. /end update
AntUSDT affiliate membership appears to be free.
Full participation in the attached income opportunity requires an investment in cryptocurrency.
AntUSDT seems to operate in most major cryptocurrencies.
AntUSDT markets itself as a cryptocurrency “mixer”.
Weak Anonymity” vs. “Black Money”, which one would users prefers?
Digital currency is actually not completely anonymous (pseudo-anonymity), so the encryption mixer was born – ANTUSDT.
A cryptocurrency mixer is used to launder funds. Criminals run their proceeds through a mixer, the mixer mixes up the funds and spits out “clean” crypto on the other end.
AntUSDT is a bit of an odd bag. It’s the first Boris CEO I’ve seen with Chinese language elements.
Most of the AntUSDT marketing I’ve seen uses the app, so that seems to be the method of choice to invest.
Probably explains why AntUSDT’s website is barebones.
In any event Boris CEO Ponzi schemes solicit investment and pay out until the admins pull the inevitable runner.
AntUSDT’s exit-scam of choice appears to be the internal shitcoin route.
Realistically though they could just pull the plug on the app backend and just disappear.
Short conclusion as there’s not really much to AntUSD. The fraudulent business model is as barebones as its website.
Update 29th October 2021 – AntUSDT has collapsed.
The exit-scam model they wound up using was “pull the plug on the app backend and just disappear”.
Update 4th November 2021 – As part of their collapse, AntUSDT has deleted their YouTube channel.
As such I’ve disabled the previously accessible link to the previously cited “ANTUSDT Cryptocurrency Mixer Awarded a prize of US $200,000 by the headquarter in London, UK” marketing video.