TrezorHub Review: MMM Global provide help, get help Ponzi clone
TrezorHub provides no information on their website about who owns or runs the business.
The TrezorHub website domain (“trezorhub.me”) was privately registered on October 31st, 2018.
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.
TrezorHub has no retailable products or services, with affiliates only able to market TrezorHub affiliate membership itself.
The TrezorHub Compensation Plan
TrezorHub affiliates invest $20 to $5000 on the promise of a 100% ROI every 30 days.
Note that in order to withdraw ROI payments, a TrezorHub affiliate must
- recruit new investors who together have active investments equal to the amount the affiliate who wants to withdraw invested
- reinvest at least 20% of funds initially invested
If a new TrezorHub affiliate invests within 30 days of signing up, they receive a 10% investment bonus.
TrezorHub pays a 5% referral commission on funds invested by personally recruited affiliates.
Managers earn referral commissions 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.
- level 1 (personally recruited affiliates) – 5%
- level 2 – 4%
- level 3 – 2%
- level 4 – 1%
- levels 5 and deeper – 0.5%
Note that TrezorHub do not provide Manager qualification criteria on their website.
TrezorHub affiliate membership is free, however full participation in the attached MLM opportunity requires a minimum $20 investment.
Note that all payments within TrezorHub are made in bitcoin.
TrezorHub is a rehash of the MMM Global Ponzi scheme.
The model sees TrezorHub operate a Ponzi scheme under the guise of investors “providing help” (investing) and then “getting help” (stealing money from people who invest after them).
On the marketing side of things MMM Global was all about bringing about a “financial apocalypse”.
Here’s TrezorHub’s spin for the gullible;
The bottom line is that this is a voluntary informal association of millions and millions of people throughout the Earth, rebelled against the financial slavery, chose to declare war against the Fed and banks. (And to win this war!!)
And for this aim they have consolidated their capital —even though there are small amounts, owing to a great number, that is millions of people, it’s already the power.
Awesome and invincible power, growing every day!
What the above fails to address is that it’s mathematically impossible to sustain perpetual 100% monthly returns.
In reality TrezorHub is run by a scammer or scammers who, through preloaded positions, will receive the majority of funds invested.
Early investors (designated “guiders”) steal most of what’s left, with whatever is left spent until affiliate recruitment dries up.
With little to no new investment TrezorHub can’t meet its advertised 100% monthly ROI liability.
This prompts a collapse which, as we saw in MMM Global, results in the majority of investors losing money.