WTC Cloud Mining fails to provide ownership or executive information on its website.

WTC Cloud Mining’s website domain (“wtccm.com”), was privately registered on April 23rd, 2023.

Despite only existing for a few months, WTC Cloud Mining falsely claims it’s been around since 2018.

As to where it’s being run from, WTC Cloud Mining claims it is

headquartered in Texas, USA with offices in Geneva, Switzerland and Singapore.

If we look at WTC Cloud Mining’s website code, we find Chinese:

Thus we can rule out WTC Cloud Mining having any ties to the US or Switzerland. Whoever is running it likely has ties to China. This typically means Singapore, Hong Kong or the Chinese mainland.

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.

WTC Cloud Mining’s Products

WTC Cloud Mining has no retailable products or services.

Affiliates are only able to market WTC Cloud Mining affiliate membership itself.

WTC Cloud Mining’s Compensation Plan

WTC Cloud Mining affiliates invest 20 tron (TRX) or more. This is done on the promise of a 5% daily ROI, capped at between 200% to

  • invest 20 to 50,000 TRX and receive 200%
  • invest 50,000 to 99,999 TRX and receive 230%
  • invest 100,000 to 199,999 TRX and receive 250%
  • invest 200,000 to 499,999 TRX and receive 300%
  • invest 500,000 to 999,999 TRX and receive 400%
  • invest 1,000,000 TRX or more and receive 500%

WTC Cloud Mining pays referral commissions on TRX invested down three levels of recruitment (unilevel):

  • level 1 (personally recruited affiliates) – 13%
  • level 2 – 5%
  • level 3 – 3%

WTC Cloud Mining states affiliates who recruit over 100 investors will “receive rich extra cash rewards”. No specific details are provided.

Joining WTC Cloud Mining

WTC Cloud Mining affiliate membership is free.

Full participation in the attached income opportunity requires a minimum 20 TRX investment.

WTC Cloud Mining Conclusion

For obvious reasons, WTC Cloud Mining fails the Ponzi logic test.

With the healthy development of the cryptocurrency market, we have created more than $190 billion in wealth for the 3,789 fund companies we serve in the past few years.

If $190 billion is what WTC Cloud Mining has paid out, that means they’ve generated $3.8 trillion.

All that money from a random Chinese app that launched a few months ago. Riiiiiiiiiiiiiiigh…….t.

WTC Cloud Mining is yet another “click a button” app Ponzi scheme.

WTC Cloud Mining’s “click a button” Ponzi ruse is logging in each day, and clicking a button to receive a 5% ROI.

There’s supposedly TRX cloud mining going on in the background, which of course makes no sense. Why would WTC Cloud Mining be providing free access to their multi-billion dollar mining operations?

In reality, clicking a button inside WTC Cloud Mining’s app moves numbers on a screen around. Actual withdrawals are paid by recycling newly invested funds to pay older investors.

WTC Cloud Mining is part of a group of “click a button” app Ponzis that have emerged since late 2021.

Including WTC Cloud Mining, BehindMLM has thus far documented fifty-six “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).

The same group of Chinese scammers are believed to be behind the “click a button” app Ponzi plague.