Moonberg Review: Mooncoin Ponzi token investment fraud
Moonberg provides no information on their website about who owns or runs the business.
Moonberg’s website domain (“moonberg.io”) was registered on January 11th, 2019.
Bitdepositary Ltd. is listed as the owner, through an incomplete address in Malta.
On its own website Bitdepositary markets itself as a “decentralized crypto finance marketplace”.
The company operates its services through its own BDT and BDT20 tokens.
Although its only cited as a partner on Bitdepositary’s website, Moonberg appears to be a spinoff project.
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.
Moonberg has no retailable products or services, with affiliates only able to market Moonberg affiliate membership itself.
Moonberg’s Compensation Plan
Moonberg affiliates invest $25 or more in MoonCoins.
Once obtained, MoonCoins are parked with Moonberg on the promise of advertised returns.
How much of a return is paid out is determined by how long a Moonberg affiliate opts to park their MoonCoins with the company.
- invest for 30 days and receive 40% of generated returns
- invest for 120 days and receive 50% of generated returns
- invest for 180 days and receive 60% of generated returns
- invest for 240 days and receive 70% of generated returns
- invest for 360 days and receive 80% of generated returns
Returns are paid in MoonCoins, which Moonberg affiliates can cash out through an internal exchange.
Moonberg charge affiliates a 5% fee to park MoonCoins with the company.
Moonberg use this 5% to fund referral commissions, paid out 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.
Moonberg cap payable unilevel team levels at eight.
Referral commissions are paid out as a percentage of 5% fees collected across these eight levels as follows:
- level 1 (personally recruited affiliates) – 50%
- level 2 – 20%
- level 3 – 15%
- level 4 – 5%
- level 5 – 4%
- level 6 – 3%
- level 7 – 2%
- level 8 – 1%
Moonberg affiliate membership is free.
Participation in the attached investment opportunity however requires a minimum $25 investment in MoonCoins.
An additional 5% fee is charged on active investments.
Moonberg is basically a reboot of the BitConnect lending Ponzi model.
Moonberg affiliates sign up, buy worthless MoonCoins from the company and then “lend” those MoonCoins back in exchange for a return.
The return is paid back in MoonCoins, which Moonberg generates on demand.
The flow of money behind the scenes is real money paid to Moonberg for MoonCoins, which they pay out to affiliates who cash out through the internal exchange.
Those who invest longer receive more MoonCoins to cash out with, and thus a return is realized when a Moonberg affiliate withdraws more than they invested.
The use of newly invested funds to pay returns makes Moonberg a Ponzi scheme.
Rather than acknowledge the recycling of invested funds, Moonberg claims to trade via a “Moon Bot”.
This is of course the same ruse BitConnect and every other crypto lending Ponzi uses.
No evidence of trading is ever provided, and Moonberg is no exception.
I should not here that even if the usual social media marketing trading videos surface, that’s still not evidence of external revenue being actually used to pay affiliates.
As with all Ponzi schemes, once affiliate recruitment dies down so too will new investment.
This will starve Moonberg of ROI revenue, eventually leaving them unable to honor internal exchange withdrawal requests.
This exact scenario saw BitConnect affiliate investors lose over $2 billion when the company collapsed in early 2018.
Moonberg is unlikely to grow as big, but nonetheless investor losses will be just as real when it too inevitably collapses.
Update 13th March 2021 – Moonberg owner Tobias Graf reached out via email on March 5th.
In his email Graf put forth that Moonberg
was not running very well at the end based on an not planned point but there was never fraud and never any Ponzi.
Graf claims “99.9% from all people got their money + profit back”.
When I asked him for legally required audited financial reports to confirm this data, Graf couldn’t provide any.
This will be Never available because it was just an crypto project Company based offshore so to do something like this would require huge steps.
Passive investment schemes are not exempt from securities law in any jurisdiction.
Owing to Graf being unable to provide evidence Moonberg defied the laws of mathematics and paid out more than was invested, I left it there.
You guys nailed this one too. Moonberg end up being a scam. Look on YouTube
Moonberg didn’t end up being anything. It was a Ponzi scheme from day one.
Review updated with unverifiable claim by Tobias Graf.
Last thing i heard, Christoph Huber was indicted under a sealed cased in the US, McAfee is also indicted but this part is still sealed, and they are still looking for David Peterson.
Moonberg was phase 2 of Arbitraging.co the brainchild of Christoph Huber, a 600m$ ponzi.
Now operating this, think they had a few projects in-between also.
Tobias Graf – Founder – JustLiquidity | LinkedInhttps://de.linkedin.com › tobias-graf-18959512b
Tobias Graf. Centralized Banking? Unregulated Crypto Currencies? No! Save your Time and Money with KYC.Crypto. JustLiquidity. Munich Area, Germany500+ …
Phew! Thankfully this new shitcoin project doesn’t appear to be MLM?
Hmm there is a lot of weird things going on guys.
I was so stupid to invest. But i have made a research.
Obr -> black rose -> yvs finance -> everything is linked to tobias graf.
Justliquidity made a huch drop these night.
He is spending money in dubai.
Another scammer turns up in Dubai? Not surprising.
Dubai is the MLM scam capital of the world.