Wisdom Tree TRX Review: Stolen identity “click a button” Ponzi
Wisdom Tree TRX fails to provide ownership or executive information on its website.
Wisdom Tree TRX’s website domain (“wisdomtrx.vip”), was registered with bogus details on September 1st, 2024.
Of note is Wisdom Tree TRX’s website domain being registered through the Chinese registrar Alibaba (Singapore).
Wisdom Tree TRX has already attracted the attention of financial regulators. The Central Bank of Russia issued a Wisdom Tree TRX pyramid fraud warning on September 6th, 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.
Wisdom Tree TRX’s Products
Wisdom Tree TRX has no retailable products or services.
Affiliates are only able to market Wisdom Tree TRX affiliate membership itself.
Wisdom Tree TRX’s Compensation Plan
Wisdom Tree TRX affiliates invest tether (USDT). This is done on the promise of advertised passive returns:
- VIP1 – invest 10 USDT and receive 2 USDT a day
- VIP2 – invest 60 USDT and receive 12 USDT a day
- VIP3 – invest 100 USDT and receive 23 USDT a day
- VIP4 – invest 350 USDT and receive 80 USDT a day
- VIP5 – invest 600 USDT and receive 130 USDT a day
- VIP6 – invest 1111 USDT and receive 242 USDT a day
- VIP7 – invest 2500 USDT and receive 588 USDT a day
- VIP8 – invest 6000 USDT and receive 2000 USDT a day
- VIP9 – invest 10,000 USDT and receive 4000 USDT a day
Wisdom Tree TRX pays referral commissions on invested USDT down three levels of recruitment (unilevel):
- level 1 (personally recruited affiliates) – 10%
- level 2 – 3%
- level 3 – 1%
Joining Wisdom Tree TRX
Wisdom Tree TRX affiliate membership is free.
Full participation in the attached income opportunity requires a minimum 10 USDT investment.
Wisdom Tree TRX Conclusion
Wisdom Tree TRX is yet another “click a button” app Ponzi scheme.
Wisdom Tree TRX misappropriates the name and branding of WisdomTree Investments, an American fund management company.
Needless to say Wisdom Tree TRX has nothing to do with the WisdomTree Investments.
Wisdom Tree TRX’s Ponzi ruse is “quantitative trading”:
The presented ruse is Wisdom Tree TRX 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 Wisdom Tree TRX 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 Wisdom Tree TRX’s app does nothing. All Wisdom Tree TRX 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 Lime Mall, Noon Mall and You Cubez. Recent quantitative trading ruse examples include World Quant AI, WheatLand AI and AI Robot.
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.