Arbitrage King Review: AI crypto trading ruse Ponzi
Arbitrage King fails to provide ownership or executive information on its website.
Arbitrage King’s website domain (“arbitrageking.io”), was privately registered on August 15th, 2023.
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.
Arbitrage King’s Products
Arbitrage King has no retailable products or services.
Affiliates are only able to market Arbitrage King affiliate membership itself.
Arbitrage King’s Compensation Plan
Arbitrage King affiliates invest $149 to $2499 USD equivalents in cryptocurrency.
This is done on the promise of advertised “up to 4.3%” daily return paid for 90 days.
Arbitrage King 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.
Arbitrage King caps referral commissions at four unilevel team levels.
Referral commissions are paid as a percentage of cryptocurrency invested across these four levels as follows:
- level 1 (personally recruited affiliates) – 5%
- level 2 – 3%
- level 3 – 2%
- level 4 – 1%
Joining Arbitrage King
Arbitrage King affiliate membership is free.
Full participation in the attached income opportunity requires a minimum $149 investment.
Arbitrage King solicits investment in undisclosed cryptocurrencies.
Arbitrage King Conclusion
Arbitrage King represents it generates external revenue via AI bot trading.
Our platform is designed to harness the potential of automated AI algorithms, enabling us to seamlessly identify and capitalize on pricing discrepancies across various cryptocurrency exchanges.
No verifiable evidence of Arbitrage King using external revenue to pay withdrawals is provided.
Furthermore, Arbitrage King’s business model fails the Ponzi logic test.
If Arbitrage King already has AI trading bots generating “up to 4.3%” a day, what do they need your money for?
As it stands the only verifiable source of revenue entering Arbitrage King is new investment.
Using new investment to pay affiliate withdrawals would make Arbitrage King a Ponzi scheme.
As with all MLM Ponzi schemes, once affiliate recruitment dries up so too will new investment.
This will starve Arbitrage King of ROI revenue, eventually prompting a collapse.
The math behind Ponzi schemes guarantees that when they collapse, the majority of participants lose money.
Come on guys! Who till believes that crypto arbitrage trading is still highly profitable? As much as 4.3% perday!! That is an extremely questionable amount of returns for any opportunity, especially a passive one.
Plus BIG RED FLAG: This video has been removed from the uploader. (This article is a summary of a YouTube video “ARBITRAGE KING REVIEW – EARN UP TO 4.3% DAILY ! – NEW PLATFORM OVERVIEW !” by Cryptonaire). Already videos gone ? mmmmh. Why?
lets just assume that was not the case, how do you make any money from Arbitrage and can we please see proof that any trades are being taken, how much leverage is involved and what sort of risk mananagement strategies are being implemented?
Do We have another failed exchange like Alemada research, FTX, LUNA, Bitfinex, QuadrigaCX, Cryptopia, and Everything that sam lee is involved in, numerous other online trading platforms, albeit on a much smaller scale.
MANY are reviewed on the site, there are literally thousands of these things running currently: HYIP programmes, designed drain you of your money through which funds are being funnelled into living oppulous lifestyles, with all of the benefits that are attached to having too much money as an example, riddled whith irregularites, And accounts filled with users funds, keys and wallets, controlled by them.
It will be a miracle if these guys do not rug in that last week before Christmas. Get you money out while you can.