EazyBot Review: Crypto AI trading bot securities fraud
EazyBot provides no information on its website about who owns or runs the company.
In fact as I write this, EazyBot’s website is nothing more than an affiliate login form:
EazyBot’s website domain (“eazybot.com”), was first registered in 2018. The private registration was last updated with an incomplete Dubai, UAE address, on December 23rd, 2021.
Dubai is the MLM scam capital of the world.
Further research reveals Mohamed Omer Ali crediting himself as founder and CEO of EazyBot:
Prior to reinventing himself as a crypto bro, Ali claims he was “working in the elevators and escalators new installation industry”.
I wasn’t able to establish whether Ali has an MLM history.
Alexa currently ranks the US as the only significant source of traffic to EazyBot’s website (39%).
Update 9th September 2022 – Following on from the US being the largest source of traffic to EazyBot’s website, the company appears to be mostly run out of Florida.
Bar Ali and Peter Antony, a Canadian resident working as Chief Support Officer, the rest of EazyBot’s management are based out of Florida.
David Charles, Vineet Chhabra and Ken Chickk are tied together through 10x Crypto Traders and promotion of Matt Bot AI. /end update
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.
EazyBot’s Products
EazyBot has no retailable products or services.
Affiliates are only able to market EazyBot affiliate membership itself.
EazyBot’s Compensation Plan
EazyBot markets access to a cryptocurrency trading bot.
- Free – trade two coins on one exchange
- Novice – $250 annually, trade up to ten coins on up to two exchanges
- Pro VIP – $995 annually, trade any approved coins on up to five exchanges
Subscription fees are paid in tether (USDT). EazyBot affiliates are required to invest at least $600 per coin with the bot.
Note EazyBot don’t provide a list of approved tradeable coins.
Update 13th March 2022 – A reader in the comments below has shared an EazyBot marketing video that reveals tradeable coins.
They are tron, ripple, cardano, polkadot, dogecoin, litecoin, uniswap, luna, bitcoin catch, ethereum, chainlink, polygon, stellar and monero. /end update
In addition to subscription fees, EazyBot charges ongoing ROI fees:
- Free tier affiliates pay 30%
- Novice and Pro VIP tier affiliates pay 20%
The MLM side of EazyBot pays on recruitment of affiliate subscription fees.
Although not clarified, it is assumed commissions and bonuses are paid in USDT.
EazyBot Affiliate Ranks
There are twelve ranks within EazyBot’s compensation plan.
Along with their respective qualification criteria, they are as follows:
- Affiliate – sign up as an EazyBot affiliate
- Affiliate Coach – recruit three Affiliates who each invest at least $600 with the bot
- M1 Coach – recruit and maintain one Affiliate Coach
- M2 Coach – recruit and maintain two Affiliate Coaches
- Super Affiliate – recruit and maintain three Affiliate Coaches
- M1 Super Affiliate – recruit and maintain one Super Affiliate
- M2 Super Affiliate – recruit and maintain two Super Affiliates
- M3 Super Affiliate – recruit and maintain three Super Affiliates
- M3 Super Affiliate – recruit and maintain four Super Affiliates
- M5 Super Affiliate – recruit and maintain five Super Affiliates
- Champion Affiliate – have an M5 Super Affiliate in five separate downline legs (can be personally recruited or otherwise), and generate and maintain $500,000 in total downline bot investment volume
- Crown Affiliate – have a Champion Affiliate in five separate downline legs (can be personally recruited or otherwise), and generate and maintain $1,000,000 in total downline bot investment volume
Referral Commissions
EazyBot pays referral commissions down two levels of recruitment (unilevel).
Referral commissions are paid out as a percentage of subscription fees paid by Novice and Pro VIP recruited affiliates:
- level 1 (personally recruited affiliates) – 40%
- level 2 – 10%
ROI Fee Commissions
ROI Fee Commissions are paid as 8% of ROI fees collected from personally recruited affiliates.
This is increased by up to twenty levels based on rank and personal recruitment criteria:
- recruit one affiliate to unlock levels 1 and 2
- recruit two affiliates to unlock levels 1 to 4
- recruit three affiliates to unlock levels 1 to 6
- recruit four affiliates to unlock levels 1 to 8
- recruit five affiliates to unlock levels 1 to 10
- recruit six affiliates to unlock levels 1 to 12
- recruit seven affiliates to unlock levels 1 to 14
- recruit eight affiliates to unlock levels 1 to 16
- recruit nine affiliates to unlock levels 1 to 18
- recruit ten affiliates to unlock levels 1 to 20
Affiliate Coaches earn ROI Fee Commissions down ten levels of recruitment.
- 8% on levels 1 to 5
- 1% on levels 6 to 10
M1 Coaches earn ROI Fee Commissions down fifteen levels of recruitment on their personally recruited Affiliate Coach downline.
- 8 on levels 1 to 5
- 1% on levels 6 to 15
M2 Coaches earn ROI Fee Commissions down fifteen levels of recruitment on their two personally recruited Affiliate Coach downlines.
- 8% on levels 1 to 5
- 1% on levels 6 to 15
Super Affiliates earn ROI Fee Commissions down fifteen levels of recruitment on all personally recruited Affiliate Coach downlines
- 8% on levels 1 to 5
- 1% on levels 6 to 15
M1 Super Affiliates earn ROI Fee Commissions down eighteen levels of recruitment on their personally recruited Super Affiliate downline (Affiliate Coach downlines remain at fifteen levels)
- 8% on levels 1 to 5
- 1% on levels 6 to 18
M2 Super Affiliates earn ROI Fee Commissions down eighteen levels of recruitment on their two personally recruited Super Affiliate downlines (Affiliate Coach downlines remain at fifteen levels)
M3 Super Affiliates earn ROI Fee Commissions down eighteen levels of recruitment on all personally recruited Super Affiliate downlines (Affiliate Coach downlines remain at fifteen levels)
M4 Super Affiliates earn ROI Fee Commissions down twenty levels of recruitment on their first four personally recruited Super Affiliate downlines (remaining Super Affiliate downlines are paid eighteen levels, Affiliate Coach downlines remain at fifteen levels)
M5 Super Affiliates and higher earn ROI Fee Commissions down twenty levels of recruitment on all personally recruited Super Affiliate downlines (Affiliate Coach downlines remain at fifteen levels)
ROI Fee Commissions Check Match
EazyBot pays an 8% check match on ROI Fee Commissions paid down two levels of recruitment:
- level 1 ROI Fee Commission match – 8%
- level 2 ROI Fee Commission match – 3%
Global Champions Revenue Pool
EazyBot takes 3% of monthly subscription revenue and places it into the Global Champions Revenue Pool.
Champion Affiliates are paid on shares in the Global Champions Revenue Pool each month.
- qualifying as a Champion Affiliate generates you one share
- each additional downline leg that has an M5 Super Affiliate past your rank-required five legs generates one additional share
Global Crown Revenue Pool
EazyBot takes 2% of monthly subscription revenue and places it into the Global Crown Revenue Pool.
Crown Affiliates are paid on shares in the Global Champions Revenue Pool each month.
- qualifying as a Crown Affiliate generates you one share
- each additional downline leg that has a Champion Affiliate past your rank-required five legs generates one additional share
Founders Club
EazyBot takes 5% of monthly subscription revenue and places it into the Founders Club pool.
Equal shares in the Founders Club pool are available to the first 1000 EazyBot affiliates who
- sign up with at the Pro VIP tier; and
- qualify at Super Affiliate.
Joining EazyBot
EazyBot affiliate membership is available at three price-points:
- Free – no cost
- Novice – $250 annually
- Pro VIP – $995 annually
The more an EazyBot affiliate spends the higher their income potential.
EazyBot Conclusion
EazyBot is the latest bot scheme in what appears to be someone flooding the MLM underbelly with cheap trading bots.
Obviously an elevator/escalator tech didn’t wake up one day and code a trading bot, so Mohamed Omer Ali is clearly working with others.
Dubai lends itself to this type of fraud. The US is a possibility, in addition to being the top source of traffic to EazyBot’s website, most of the promotion I saw was from Americans.
In any event EazyBot is your typical MLM trading bot scheme. Affiliates sign up, pay a fee for access (or get hit with higher ROI fees), attach EazyBot’s bot to their trading account and invest funds through it.
Due to the passive nature of generated returns, EazyBot’s opportunity constitutes a securities offering.
Neither EazyBot or Mohamed Omer Ali are registered with the SEC in the US. Or a financial regulator in any jurisdiction for that matter.
This means that, at a minimum, EazyBot is committing securities fraud.
EazyBot’s business model also fails the Ponzi logic test. Nobody with a bot worth half a damn is giving away access for free.
If EazyBot’s bot was all it was cracked up to be, running it quietly with your own balance wins out over providing customer support and risking regulatory investigations.
Yet here we are.
EazyBot is what BehindMLM refers to as a “lulz can’t touch our money!” scheme. Investors are led to believe their funds are safe, when in fact the bot owner can do as they please.
“Lulz can’t touch our money!” schemes typically exit-scam through blowing the bot up or rigged trades.
In either scenario trades are executed that favor the admin. Investors are fed any number of exit-scam excuses and the end-result is accounts are cleaned out.
Being a crypto bot it’s also possible investors will be left bagholding some random shitcoin.
The MLM side of EazyBot is a pyramid scheme, paying on recruitment of affiliates paying annual fees.
MLM trading bot schemes rarely make it past a few months without going awry. Even if EazyBot manages to, securities fraud, pyramid fraud and giving scammers in Dubai access to your money are still concerns.
Hello,
I read the review and I agree for 99% however, that one % is just where you mention that no tradingpairs are mentioned.
They are available (well didn’t look myself but saw it in a youtube video). A rare video that shows how to set it up, 99% of the videos is about the comp plan….
The bot is promoted like, it closes 100% of all trades…well most of them do that but it can take weeks or months also with this kind of market…
The term “trading pair” does not appear anywhere in the review.
Sorry they use coins not pairs…
OK. Eazybot still doesn’t provide a list of approved coins though (???).
Minute 5:40
youtu.be/iaaQjCJwPnw
Thanks, I’ll add that list to the review.
XX ATTENTION XX
this scam is proposed by the leading scammer Shohan Bowala who most probably already agrees with the CEOs of eazybot.
in fact he is already giving away investments to new and old people who decide to follow him in this scam. History will repeat itself like Torque, which still hasn’t reimbursed anyone after the big bankruptcy, with the promise that you could get back the investments made through the liquidator of the company.
Shohan Bowala is a great scammer, now he knows very well how to attract new chickens to invest, and has special agreements with the CEOs of these scams, so organized to cheat as much as possible.
surely now this scam will last maybe 1 year, collecting a lot of money and then start the usual excuses and lies saying that they had hacker attacks and then disappear permanently as ‘happened with EMPIRESX, (another scam promoted by Shohan Bowala).
You have made a few good calls on past projects which indeed turns out to be a scam. But I must say that you are totally wrong with your analogy for eazybot.
Think about this EazyBot has a wallet of its own, which is to receive referral payouts and for the bot service charges, which means that the bot cannot steal your money, Trading capital stays in your exchange wallet along, so will be earnings made from the bot.
All the bot does is trade for the users.
EazyBot also offers support for users 24/7s
(Ozedit: spam removed)
Yes, yes. Everybody loves BehindMLM. Until we review your scam.
First “lulz can’t touch our money!” Ponzi? Sorry for your loss.
Not sure how it can be considered a “scam” and “handing over your money”, when there is no “handing over your money”. All your money is in Coinbase or Kraken, and is not given at all to EazyBot.
EazyBot is just an external bot hooked up to your exchange. So even if EazyBot collapsed, all your money is sitting in your exchange.
So not sure why you waste your time writing about a platform that doesn’t even hold your money, and has no access to it. Strange.
How is that possible? You have the API keys. EazyBot company cannot touch your money. The EazyBot bot simply executes the trades on your exchange.
The money is in your exchange, not in EazyBot. I know it’s hard to wrap your mind, Oz, around this.
This is “ponzi proof”. No matter what happens to EazyBot, your money is still in your crypto exchange. You might need to come to terms with this new reality. It’s how it rolls.
Not your bot, not your trades. You’re giving complete strangers access to your money.
The “lulz can’t touch our money!” exit-scam occurs through rigged trades.
Either the scammers blow up your account or you’re left bagholding some worthless shitcoin.
Two examples:
iQuandex collapses, pulls “technical error” exit-scam
Digital Profit trading bot generates $100,000s in losses
In both scenarios trades are executed in favor of the admin (again not your bot, not your trades).
Hey idiot of Oz, you say “You´re giving complete strangers access to your money” , Sir when you buy a burger @ McDonalds (Ozedit: snip, see below)
How much of a dumbshit do you need to be to think giving scammers access to a trading account and buying a burger are the same financially?
I suppose dumbshit enough to be investing in obvious MLM crypto Ponzi schemes. As you were.
“Not your bot not your trades” well one you select the coins you want the bot to trade. It doesn’t select the coins for you.
And some shit coins are not even options to select. Also you can also CHOOSE if you want to use the one step trading strategy, or your own custom strategy.
So the but is customizable to tailor your style if you again CHOOSE. It’s an option.
So that debunks your “theory” on what’s happening. Also you don’t have to participate in the mlm side.
Also a choice. You can just use the bot like how kucoin has bots. They also offer referrals incentives as well.
How is that not classified as an mlm scam? Or any other platform that offered incentives for referrals?
Just my thoughts. But everyone is entitled to their opinion but Facts are facts.
^^ None of that addresses the fact it’s not your bot, so not your trades.
The actual owners of EazyBot (Dubai scammers), can change the programming irrespective of any control you think you have.
Much in the same way you have might have Windows installed on your computer, but you don’t own the code. MS can push out whatever code they want.
Not your bot, not your trades. Actual facts are actual facts.
@Okena:
What you fail to understand is that the bot is giving you the illusion of control. It’ll appear to work great until the scammers decide to pull the rug.
Then you’ll find your money gone, probably replaced by some worthless shitcoin you’ve never heard of.
That’s one example of a rigged trade; there are others, but they all end the same: the money you thought no one could touch has been stolen.
How could such a thing happen? you ask. It was in the plan all along, but it’ll be blamed on a glitch, or “hackers!” or government interference, or some other cover story.
“Everyone stay calm,” they’ll say, “while our IT team works on a fix for the problem.” Then they’ll quietly disappear, or maybe string you along with more excuses and then disappear.
Either way, the end is the same: you holding a bag of worthless shitcoins or tokens, wondering how it all went wrong.
You’ve been warned.
@Amos_N_Andy
There are no shitcoins listed on Binance. All listed coins have $1B market caps.
Imagine thinking crypto market caps mean anything. Or being listed on Binance = legitimacy.
Lololol.
Luis Kelly: dream victim of scammers everywhere. “I’m on Binance. Nothing bad could happen to meee!”
Whoever wrote this article is the scammer. All lies about Eazybot!
Binance.US is not a scammer. That holds my funds!
Whether Binance are scammers or not has nothing to do with EazyBot committing securities fraud.
You’ll be the first to complain when your account blows up.
Please explain how it can benefit eazybot owners by blowing up your acct? That would make this better.
You say they will execute rigged trades but how can they get paid on that? Making that make sense would be helpful for those confused as I am.
This is such a sad page, and you’re getting lazier. First of here is the link to their website. It should be easy to find! and NO it’s not a signup page.
Wow you could not even find this page hehehe. What do you do for research?
(Ozedit: derails removed)
@Confused
The money has to go somewhere. Not your bot, not your trades.
@Trond
This review was published in March 2022. At that time EazyBot’s website was nothing more than a signup page. I even included a screenshot.
Looks like EazyBot has since changed that. But a login page is all it was in March.
I don’t know where you got “yOu DoN’t EvEn KnOw ThEiR WeBsItE!” from.
I’ve been testing eazybot since may.
the review of this alleged scam is not funded. the only argument this review may have is this business is an mlm and dubai is full of mlm scam.
so as an IT enginneer who understand very well how bot, crypto binance API works and let me debunk all this mess:
if you follow the weekly calls from easybot, you’ll find out that the team are very transparent on how the bot works.
to sum up easybot is simply a DCA bot joins with a grid bot.
dca bot works but you need to have this 3 requirements:
1- the coin must grow overtime (like btc, eth or bnb)
2- don’t sell when you are at loss, the trade will be filled overtime
3- expect many months before the trade closes, so patience is mandatory.
so far eazybot do all theses 3 stuffs
so far eazybot only make reliable coins as a pair.
as blowing up the bot, because of the coins will eventually grow overtime, this argument is not relevant, and they don’t have any reason to do that.
Speaking of binance API, you can restrict the API to trade only on whitelisted IP and whitelisted pairs. it is not possible for eazybot to buy/sell other stuff.
so far my porfolio grew 3% monthly without compounding and eazybot did close all the trades after the june dump (over 50% dump) resulting on a nice profit.
I already ROI my subscription fees and I do not use the MLM part by getting some referals. the product itself have value so this is not a definition of a pyramid scheme.
i see in the comment that the owner of eazybot can change how the bot works. it is a very accurate point.
In fact in the last weekly call, the owner says that he will do it in the next week after testing his strategy. but he’s very transparent of the changes he made, and the improvement will do best.
for me the only “exit scam” that eazy bot can do is to rug pull the subscription fees. but because the product is good, there is no reason to do that.
Every decent IT developer can duplicate the bot. it is a simple strategy.
But it is in your financial interests for new victims to sign up and lose money, which is why you’re here.
1. Never take securities fraud advice from a crypto bro.
2. We already know how the bot works. “Few understand” = GTFO.
Actual transparency would involve registration with financial regulators and filed audited reports. You’re citing marketing, which is not a substitute.
“Just trust me bro” is not due-diligence. Blowing the bot up is an exit-scam for these types of schemes.
Not your bot, not your trades. You can restrict whatever you want. What you can’t do is restrict what the bot does within whatever pseudo-control parameters you set.
1. Never take “pyramid scheme” advice from a crypto bro.
2. No retail = pyramid scheme. EazyBot is a pyramid scheme.
At the end of the day there’s no reason to operate illegally. Unfortunately choosing to operate illegally is par for the course with MLM crypto scams.
Being a crypto bro you know why this is.
I agree that there is a possibility of blowing the bot up and there is no garantee whatoever that they will continue business or have any accountability to refund losses.
in the worst case, we can all shut down the trades by shutting down the API key.
but bro you cannot deny the fact that as we speak, the bot works, gives some profits, and the membership fee is sustainable by using only the bot, not the MLM part.
Yeah that’s not how the blowing up the bot exit-scam works. You wake up one day and your account is $0 or close to it.
Scams “work” until they don’t. What do you think was going on in the previous bot scams before the blow up exit-scam?
a bot work or it doesn’t work. it is a trading algorithm. you know it from the beginning.
their bot took nicely the june dump. so far the bot did behave as what I expected, as far as you know how it works. they also allows custom configuration.
Not your bot, not your trades. You have no idea who or what you’ve given access to your money to.
you still deny the fact that the bots works without MLM though.
I just saw that you did this review before it comes out. so it is normal to have suspicion as I agree this business shows pattern of a scam. (youtube scammer, MLM, dubai…).
but not all MLM are scams. you really should do a better due diligence on this one.
Not your bot, not your trades. You have no idea what the bot is doing.
1. EazyBot had very much launched when this review was published.
2. Did EazyBot’s business model change? No. Stop making excuses for scammers.
so far yes i have. and it behave exactly what the bot was programmed to. but I won’t change your mind I guess.
so I might come here again in a few months to notify you if this business scams.
Not your bot, not your trades. You only see crypto going in and out of your account. You have no idea what the bot is or isn’t programmed to do.
Facts are facts. They can’t be changed.
Regardless of whether you lose your money or steal other people’s money, EazyBot is committing securities fraud.
MLM + securities fraud = scam.
you only assume that they commit securities fraud because they didn’t get registered at the SEC.
US business is on US juridiction. they live in dubai.
Securities fraud is illegal around the world. EazyBot is not registered to offer securities in any jurisdiction.
Dubai being the MLM crime capital of the world doesn’t change that.
Saying that eazybot is a scam is the biggest stupidity I’ve seen on the internet.
at no point does eazybot have your money, so you can’t be scammed.
Before making these sensational articles to gain visits, study the project well, because you are harming it.
First “lulz can’t touch our money!” scam?
I suggest you “study the project well”. And other “lulz can’t touch our money!” scams. They all end the same way.
I don’t understand all these people coming to EazyBot’s defense. Even IF the bot itself were to be legit (but I have a strong suspicion it’s just numbers on a screen), the company itself is run by known scammers and people with absolutely no relevant professional background.
Like, there’s the only red flag you need to stay well away.
They’re not transparent at all about who runs the company and from where, they have no registrations with legal financial institutions, and if they DID have a trading bot that only makes winning trades, why share it?
To get you to give them access to your exchange accounts, so they can take your money and run. It’s so easy to see – I’m dumbfounded people actually believe this bs.
I am an eazybot member and the funny thing is yall don’t get it.
First off the bot does spot trading on your exchange. So if something goes wrong you own the coins… You just would have to wait for the coin value to go back up.. So it can’t blow your account as you say.
Plus if you get into something like this wouldn’t you monitor it for the first few months to see its legit? Second the money never leaves your possession.
Its in your exchange account at all times. They are providing us with a service. Doing trades for us on our accounts with a trusted API key.
As far as transparency goes hmmm I am met 3 out of the 7 people who are running the company in person. And if the company would pull a rug pull the most you would lose from the company is the payment of the software but not your principle money in your account.
They can’t withdraw the money out of my account either because they need my password for that and I don’t provide that to them.
(Ozedit: recruitment spam removed)
As for the last part that I saw if you create such a great bot why share it?
Great question… you can make a lot for yourself true but you can make more selling a service and making money for others as well while doing it.
(Ozedit: derails removed)
Everytime a new schmuck finds one of these “lulz can’t touch our money!” scams, we get the same old cliches.
Not your bot, not your trades.
I.e. You’re too much of a dumbfuck to realize you’ve been scammed. The bags are heavy and sorry for your loss.
Not your bot, not your trades.
Not your bot, not your trades.
Thank you for confirming EazyBot is a pyramid scheme that has nothing to do with trading.
You’re already not qualified to give any unbiased opinion.
Strong claims, got any proof?
This isn’t gravity, there is no guaranteed reciprocal value changes.
You don’t need to get shot to know getting shot is a stupid plan.
Well, I don’t,you obviously do need to get shot to learn – that’s a lack of education on your part.
You got a briefcase full of cash next to you that never leaves your side? So they’re just trusting you and giving you dollars for nothing?
Till it’s not
* faking trades for you and you gave them the way to get to your money. Good for you
Ah so you’re a known scammer affiliate too? That’s great, publish your name and contact details so victims can find you easily when it collapses – since you’re so transparent.
Wait, didn’t they have an API key you gave them? You’re arguing disingenously.
See above
(Ozedit: recruitment spam removed)
Nope, that’s why you joined it. The company has no actual incentive to raise their administrative burden by dividing their overheads to lots of little “investments”.
1 Country or central bank needs to sign up and they are set with the cash they need. Why don’t they do that?
Most countries don’t sign up for “trustmebro” businesses run by con artists.
Listen I didn’t call you names here I just expressed my experience in the company.
What does that mean not my bot not my trades?
I can see the trades in my exchange!
(Ozedit: derails removed)
Anecdotal experience is not proof. I’ve been to Jupiter on a bottle rocket. Prove me wrong
See how that works?
You gave con-artists access to your account. You have no say in what they can or cannot do.
See above.
You don’t have to pay for the program you can run the software for free. Why would u just not try it before putting out false claims about projects.
Again, why should I try getting shot? I know getting shot sucks.
“Experience” does not trump facts.
Get over it scambot.
Reviews are supposed to be based on experience not feelings
I feel like this site will shoot down any site or service just to attract attention so that people see the ads on the site
You have no proof that it doesn’t work and I have proof it works.
Reviews have to present facts – which they are presented.
Nowhere does a review have to be experiencial, that would be biased as there is a financial incentive then – thus your opinion is worthless.
You only have claims that it works,not that it’s legal or does what they say they do.
If you have actual proof of audits and registration,present them. If not, fuckoff.
It means you’re giving scammers full control of your money.
You don’t get to make representations about what they are or can do with your money, unless you provide audited financial reports filed with financial regulators.
I suggest you go and educate yourself on securities fraud.
I’ve been running BehindMLM for 14 years. I’ve seen it all.
This your first securities fraud scam?
ReViEwS aReN’t AbOuT wHeThEr YoU’rE mAkInG mOnEy!
Nope. Reviews should be based on facts, not feelings or experience.
The facts are simple enough: EazyBot is committing securities fraud, as spelled out in the review. Securities frauds are scams by definition.
Your “experience” doesn’t mean dick; it just means you haven’t seen yet how this will play out. All scams work until they don’t.
Eventually, they all collapse, and victims like you wonder what the hell happened.
You say they can’t withdraw your money? Fine, they don’t have to. They just have to tell their bot to do it with rigged trades.
What if you woke up one morning to find all the money in your account had been spent on a bucket of sand? Would that count as a withdrawal in your mind? It would in mine.
Well, replace “bucket of sand” with “worthless crypto,” and you have one possible scenario. There are others, equally devastating.
That’s what “not your bot, not your trades” means. You have turned over control of your account to scammers.
They’ll string you along for awhile, then execute their exit strategy in a matter of minutes. You may get some too-late announcement about “hackers” who broke in and took everything, or they may just ghost you.
Either way, you’ve been cleaned out. Consider yourself warned.
You really think you’re the first one to tell us “y’all don’t get it”? Nope, you’re only one of hundreds before you.
That’s why Oz has a name for your kind: the “lulz, can’t touch our money” clueless idiots.
Or maybe you’re in on the scam and pretending otherwise. In which case, kindly fuck off.
I just got an email from someone asking me to check out whether this was legitimate or not the bastard gave me his affiliate ID in the email telling me he doesn’t know shit hoping that I would sign up and make him rich I hate these pricks.
All I need to know is Brenda Chunga is one of the ones that was going to promote this she is a known promoter of email MLM.
Does this website provide updates to articles published when there are false claims, (Ozedit: derails removed)
We do. Feel free to provide evidence of any false claims.
Waffling on like a pork chop = spam-bin.
Hi behindmlm.com, I want to ask, I see that in Binance you can set a coin whitelist, so a bot should not be able to trade pairs you not whitelist.
If we enable that, I think what’s left to drain our account is via trading fees (ex: making enourmous back and forth trades to slowly drain your account).
Have you seen these kinda of scams before? Thanks before.
It’s a variation of the “lulz can’t touch our money!” model.
If you don’t own the trading bot the bot code can be changed at any time. Fee draining or some other method of wiping your account through rigged trades is how this scam model ends.
Running on 45 days free trial is enough. There is no point of subscribing for the service. This format is similar to RoyalQ and any similar crypto bot.
So, 10.03.2024 now. I just learned about eazybot and thought about joing with 100$. Thanks for the article, i seems to be old. From the comments i have the same (good) feeling about the api connection.
“not your trades – not your coin” –> but these are my trades right? it is a special wallet with money witch execuetes trades for me and need the monthly subsctiption.
Thanks for the pyriamide style of recruting – i could not find anything onto this point. where is the information from?
right now, i tried the bnb grid bot, but failed. i am a hodler and would like to add a bit.
Do you own EazyBot? Then no, any trades done by them are not your trades (see #12 above).
From EazyBot’s compensation plan. Which you couldn’t find on their website because fraud.