CDC Review: Quantitative trading “click a button” Ponzi
CDC (aka Cryptocurrency Data Cloud), fails to provide ownership or executive information on its website.
CDC’s website domain (“cdccoin.com”), was privately registered on July 1st, 2023.
If we look at CDC’s website source-code we find Chinese:
This strongly suggests whoever is running CDC has ties to China.
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.
CDC has no retailable products or services.
Affiliates are only able to market CDC affiliate membership itself.
CDC’s Compensation Plan
CDC affiliates invest USD equivalents in cryptocurrency.
This is done on the promise of advertised returns:
- LBank – invest $20 and receive up to 80 cents a day
- OKX – invest $35 and receive up to $1.40 a day
- Kraken – invest $80 and receive up to $3.20 a day
- Huobi – invest $230 and receive up to $9.20 a day
- Coinbase – invest $550 and receive up to$22 a day
CDC pays referral commissions on invested cryptocurrency down three levels of recruitment (unilevel):
- level 1 (personally recruited affiliates) – 5%
- level 2 – 3%
- level 3 – 2%
CDC affiliate membership is free.
Full participation in the attached income opportunity requires a minimum $20 investment.
CDC solicits investment in various cryptocurrencies.
CDC is yet another “click a button” app Ponzi scheme, this time targeting Mawali in Africa.
CDC’s “click a button” Ponzi ruse is quantitative trading:
The presented ruse is CDC 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 CDC shares a percentage with its 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 CDC’s app does nothing. All CDC does is recycle newly invested funds to pay earlier investors.
CDC is part of a group of “click a button” app Ponzis that have emerged since late 2021.
Including CDC, BehindMLM has thus far documented ninety-three “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.