RT USDT Review: Stolen identity “click a button” Ponzi
RT USDT fails to provide ownership or executive information on its website.
RT USDT’s website domain (“rt-usdt.vip”), was registered with bogus details on September 9th, 2024.
Of note is RT USDT’s website domain being registered through the Chinese registrar Alibaba (Singapore).
RT USDT has already attracted the attention of financial regulators. The Central Bank of Russia issued an RT USDT pyramid fraud warning on September 17th, 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.
RT USDT’s Products
RT USDT has no retailable products or services.
Affiliates are only able to market RT USDT affiliate membership itself.
RT USDT’s Compensation Plan
RT USDT affiliates invest tether (USDT). This is done on the promise of advertised passive returns:
- VIP1 – invest 12 to 51 USDT and receive 3 to 13 USDT a day
- VIP2 – invest 52 to 151 USDT and receive 14 to 41 USDT a day
- VIP3 – invest 152 to 321 USDT and receive 42 to 89 USDT a day
- VIP4 – invest 322 to 721 USDT and receive 92 to 207 USDT a day
- VIP5 – invest 722 to 1521 USDT and receive 212 to 448 USDT a day
- VIP6 – invest 1522 to 3321 USDT and receive 461 to 1009 USDT a day
- VIP7 – invest 3322 to 6621 USDT and receive 1038 to 2076 USDT a day
- VIP8 – invest 6622 to 12,221 USDT and receive 2136 to 3955 USDT a day
- VIP9 – invest 12,222 to 29,999 USDT and receive 4073 to 10,028 USDT a day
- VIP10 – invest 30,000 to 99,999 USDT and receive 10,332 to 34549 USDT a day
RT USDT pays referral commissions on invested USDT down three levels of recruitment (unilevel):
- level 1 (personally recruited affiliates) – 12%
- level 2 – 2%
- level 3 – 1%
Joining RT USDT
RT USDT affiliate membership is free.
Full participation in the attached income opportunity requires a minimum 12 USDT investment.
RT USDT Conclusion
RT USDT is yet another “click a button” app Ponzi scheme.
RT USDT misappropriates the name and branding of two companies:
- Renaissance Capital, a Russian investment banking company; and
- Renaissance Technologies, a hedge fund based out of the US
Needless to say RT USDT has nothing to do with either Renaissance Capital or Renaissance Technologies.
RT USDT’s Ponzi ruse is “quantitative trading”:
The presented ruse is RT USDT 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 RT USDT 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 RT USDT’s app does nothing. All RT USDT does is recycle newly invested funds to pay earlier investors.
Examples of already collapsed “click a button” app Ponzis using the stolen identity ruse are Nykaa Mall, Fresnillo PLC USDT and Lime Mall. Recent quantitative trading ruse examples include Putrex, TOST and World Quant AI.
Since 2021 BehindMLM has documented hundreds of “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).
Organized crime interests from China operate scam factories behind “click a button” Ponzis from south-east Asian countries.
In September 2024, the US Department of Treasury sanctioned Cambodian politician Ly Yong Phat over ties to Chinese human trafficking scam factories.
Through various companies he owns, Phat is alleged to shelter Chinese scammers operating out of Cambodia.
Regardless of which country they operate from, the same group of Chinese scammers are believed to be behind the “click a button” app Ponzi plague.