BMUSDT Review: Quantitative trading “click a button” Ponzi
BMUSDT fails to provide ownership or executive information on its website.
BMUSDT’s website domain (“bmusdt-vip.com”), was privately registered on May 24th, 2024.
Of note is BMUSDT’s website domain being registered through the Chinese registrar Alibaba (Singapore).
BMUSDT has already attracted the attention of financial regulators. The Central Bank of Russia issued a BMUSDT pyramid fraud warning on June 4th, 2024.
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.
BMUSDT’s Products
BMUSDT has no retailable products or services.
Affiliates are only able to market BMUSDT affiliate membership itself.
BMUSDT’s Compensation Plan
BMUSDT affiliates invest tether (USDT). This is done on the promise of advertised returns:
- VIP1 – invest 10 to 59 USDT and receive 15% a day
- VIP2 – invest 60 to 179 USDT and receive 16% a day
- VIP3 – invest 180 to 479 USDT and receive 17% a day
- VIP4 – invest 480 to 1799 USDT and receive 18% a day
- VIP5 – invest 1800 to 3799 USDT and receive 19% a day
- VIP6 – invest 3800 to 9799 USDT and receive 20% a day
- VIP7 – invest 9800 to 20,999 USDT and receive 21% a day
- VIP8 – invest 21,000 to 44,999 USDT and receive 22% a day
- VIP9 – invest 45,000 to 79,999 USDT and receive 23% a day
- VIP10 – invest 80,000 or more USDT and receive 24% a day
The MLM side of BMUSDT pays on recruitment of affiliate investors.
Referral Commissions
BMUSDT pays referral commissions down three levels of recruitment (unilevel):
- level 1 – 10%
- level 2 – 3%
- level 3 – 1%
Downline Investment Bonus
BMUSDT rewards affiliates for generating downline investment over a 24 hour period:
- generate 1000 USDT in downline investment and receive 38 USDT
- generate 5000 USDT in downline investment and receive 188 USDT
- generate 10,000 USDT in downline investment and receive 398 USDT
- generate 30,000 USDT in downline investment and receive 1888 USDT
- generate 50,000 USDT in downline investment and receive 2888 USDT
Joining BMUSDT
BMUSDT affiliate membership is free.
Full participation in the attached income opportunity requires a minimum 10 USDT investment.
BMUSDT Conclusion
BMUSDT is yet another “click a button” app Ponzi scheme.
BMUSDT’s “click a button” Ponzi ruse is quantitative trading:
The presented ruse is BMUSDT affiliates log in and click a button (the more invested the more the button needs to be clicked).
Clicking the button purportedly generates revenue via quantitative trading, which for some reason BMUSDT shares a percentage of with affiliate investors.
If that makes no sense it’s because it doesn’t. Randoms clicking a button in an app doesn’t trigger quantitative trading.
In reality clicking a button inside BMUSDT does nothing. All BMUSDT does is recycle newly invested funds to pay earlier investors.
BMUSDT is part of a group of “click a button” app Ponzis that have emerged since late 2021.
Examples of already collapsed “click a button” app Ponzis using the same quantitative trading ruse include GSTAIQ, Dusery and edX AI.
Including BMUSDT, BehindMLM has thus far documented over a hundred “click a button” app Ponzis. Most of them last a few weeks to a few months before collapsing.
“Click a button” app Ponzis disappear by disabling both their websites and app. This tends to happen without notice, leaving the majority of investors with a loss (inevitable Ponzi math).
The same group of Chinese scammers are believed to be behind the “click a button” app Ponzi plague.