Crypto Arbitrage Team Review: 1825% annual ROI Ponzi scheme
Crypto Arbitrage Team fails to provide executive or ownership information on its website.
Crypto Arbitrage Team currently operates from the domain “mycat-team.com”, privately registered on October 22nd, 2022.
As of December 2022, SimilarWeb tracked negligible traffic to Crypto Arbitrage Team’s website.
The original incarnation of Crypto Arbitrage Team operated from “mycat.team”, privately registered on August 8th, 2022.
Based on official marketing videos on Crypto Arbitrage Team’s YouTube channel (example right), the original launch was on or around August 28th.
The reason Crypto Arbitrage Team changed domains appears to be a Bank of Russia pyramid fraud warning, issued on October 21st, 2022.
Twenty-four hours after CBR’s fraud warning was made public, Crypto Arbitrage Team registered its current domain.
To hide who’s behind Crypto Arbitrage Team, the company represents it is headed up by a CEO wearing a cat mask.
The person behind the mask has a digitally modified voice. I can’t quite place the accent but it’s definitely European.
Two actual people we can tie to Crypto Arbitrage Team are Luiza Ave and Ashok Sharma.
Ave is based out of Dubai and cites herself as the founder of Almalakia Capital Investment.
No idea what Almalakia Capital Investment is, but I couldn’t help but notice Ave claims to have obtained a Masters degree from Lomonosov Moscow State University.
In Crypto Arbitrage Team marketing videos, Ave is cited as as a “Global CAT Representative”.
Ashok Sharma is a Mumbai, India based serial promoter of crypto Ponzi schemes.
Recent MLM Ponzi schemes Sharma promoted include FVP Trade, LIQRCoin and Forsage.
FVP Trade was a Russian Boris CEO Ponzi scheme. The scam collapsed in July 2022.
Between the CBR fraud warning, a Boris CEO in a cat mask, Luiza Ave and Ashok Sharma, we have red flag ties to Dubai and Russia.
Russians are behind the vast majority of Boris CEO Ponzi schemes. A Boris CEO is an actor hired to mask the true operators of scams.
Dubai, equally notorious as Russia, is the MLM crime capital of the world.
BehindMLM’s guidelines for Dubai are:
- If someone lives in Dubai and approaches you about an MLM opportunity, they’re trying to scam you.
- If an MLM company is based out of or represents it has ties to Dubai, it’s a scam.
If you want to know specifically how this applies to Crypto Arbitrage Team, read on for a full review.
Crypto Arbitrage Team’s Products
Crypto Arbitrage Team has no retailable products or services.
Affiliates are only able to market Crypto Arbitrage Team affiliate membership itself.
Crypto Arbitrage Team’s Compensation Plan
Crypto Arbitrage Team affiliates invest Binance Coin (BNB). This is done on the promise of a 2% to 5% daily ROI.
- invest 0.1 BNB to 1.9 BNB and receive 2% a day
- invest 2 BNB to 29 BNB and receive 3% a day
- invest 30 BNB to 79 BNB and receive 4% a day
- invest 80 BNB or more and receive 5% a day
Crypto Arbitrage Team pays referral commissions on invested BNB 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.
Crypto Arbitrage Team caps payable unilevel team levels at ten.
Referral commissions are paid as a percentage of funds invested across these ten levels as follows:
- level 1 (personally recruited affiliates) – 12%
- level 2 – 8%
- level 3 – 6%
- level 4 – 4%
- levels 5 and 6 – 2%
- levels 7 and 8 – 1%
- levels 9 and 10 – 0.5%
Joining Crypto Arbitrage Team
Crypto Arbitrage Team affiliate membership is free.
Full participation in the attached income opportunity requires a minimum 0.1 BNB investment.
Crypto Arbitrage Team Conclusion
Crypto Arbitrage Team represents it generates external revenue via “crypto arbitrage”.
The CAT team takes part in crypto arbitrage, targeting BRICS regions with 8-10% daily yield.
No evidence of Crypto Arbitrage Team generating revenue via arbitrage is provided. Ditto any other source of external revenue.
Furthermore, Crypto Arbitrage Team’s business model fails the Ponzi logic test.
Crypto Arbitrage Team pitches an annual return of up to 1825%.
Nobody capable of generating that legitimately on a consistent basis is wasting their time with cat mask Boris CEO scams. They simply don’t need your money.
As it stands, the only verifiable source of revenue entering Crypto Arbitrage Team is new investment.
Using newly invested BNB to pay existing investor withdrawals makes Crypto Arbitrage Team a Ponzi scheme.
I’m tempted to say the same scammers behind FVP Trade are behind Crypto Arbitrage Team. I haven’t been able to confirm this though so I’ll leave it as speculation.
As with all MLM Ponzi schemes, once affiliate recruitment dries up so too will new investment.
This will starve Crypto Arbitrage Team of ROI revenue, eventually prompting a collapse.
The math behind MLM Ponzi schemes guarantees that when they collapse, the majority of participants lose money.
Update 28th January 2023 – Crypto Arbitrage Team has collapsed.
Update 27th February 2023 – This review cites and links to a cat CEO video, previously hosted on Crypto Arbitrage Team’s YouTube channel.
After collapsing, Crypto Arbitrage Team has deleted this video. Subsequently, I’ve disabled the previously accessible video link.
With a mere investment of $30.300, I’ll make $5.421.184.057 (five billion four hundred twenty-one million one hundred eighty-four thousand fifty-seven dollars) in profits within a year.
I mean it’s a no-brainer, I can finally be a billionaire, investing now!
Cat stopped withdrawals for a network of 400 plus wallets on 25th Jan and then they stopped all withdrawals on the 26th, claiming they needed two weeks to resolve KYC for all wallets… but deposits are still open.
And then put out more promotion on its TG for more deposits, promising daily payments- so total lies and ponzi for sure. Beware.
Below is the contract address to verify on bscan:
0x14db45524ba5c7a8f232ab0eca1115dde896f2fc
Thanks for the heads up. What are the odds CAT exit-scams within 48 hours of this review going live…
So you’re telling me, in all seriousness, in front of God and all the saints of Christendom that I will NOT be making $5.421.184.057 (five billion four hundred twenty-one million one hundred eighty-four thousand fifty-seven dollars) in profits this year from my investment in CAT?
I guess I don’t know what is real anymore.
From the very beginning in this project, a promising project with a good reputation, on which I have already withdrawn all the money invested and increased it 3 times, taking into account reinvestment.
Now I am participating in the competition, I won’t be upset if I don’t win, but the bonus will be nice if it all works out.
You saw the cat mask CEO video and figured that constituted a “good reputation”?
How much of a gullible dumb fuck are you?
Such percentages were earlier, now they are already less and will be less in the future, as the project becomes more and more popular and, as I understand it, they made such a large percentage more for marketing at the beginning.
Or y’know…. obvious Ponzi has collapsed twice now and by lowering the ROI rate they can keep the third reboot going for longer than the first two scams.