Crypto Arbitrage Group fails to offer government or possession info on its web site.
Crypto Arbitrage Group at the moment operates from the area “mycat-team.com”, privately registered on October twenty second, 2022.
As of December 2022, SimilarWeb tracked negligible visitors to Crypto Arbitrage Group’s web site.
The unique incarnation of Crypto Arbitrage Group operated from “mycat.group”, privately registered on August eighth, 2022.
Based mostly on official advertising movies on Crypto Arbitrage Group’s YouTube channel (instance proper), the unique launch was on or round August twenty eighth.
The rationale Crypto Arbitrage Group modified domains seems to be a Financial institution of Russia pyramid fraud warning, issued on October twenty first, 2022.
Twenty-four hours after CBR’s fraud warning was made public, Crypto Arbitrage Group registered its present area.
To cover who’s behind Crypto Arbitrage Group, the corporate represents it’s headed up by a CEO sporting a cat masks.
The individual behind the masks has a digitally modified voice. I can’t fairly place the accent however it’s positively European.
Two precise folks we are able to tie to Crypto Arbitrage Group are Luiza Ave and Ashok Sharma.
Ave relies out of Dubai and cites herself because the founding father of Almalakia Capital Funding.
No thought what Almalakia Capital Funding is, however I couldn’t assist however discover Ave claims to have obtained a Masters diploma from Lomonosov Moscow State College.
In Crypto Arbitrage Group advertising movies, Ave is cited as as a “World CAT Consultant”.
Ashok Sharma is a Mumbai, India primarily based serial promoter of crypto Ponzi schemes.
Latest MLM Ponzi schemes Sharma promoted embrace FVP Commerce, LIQRCoin and Forsage.
FVP Commerce was a Russian Boris CEO Ponzi scheme. The rip-off collapsed in July 2022.
Between the CBR fraud warning, a Boris CEO in a cat masks, Luiza Ave and Ashok Sharma, we have now pink flag ties to Dubai and Russia.
Russians are behind the overwhelming majority of Boris CEO Ponzi schemes. A Boris CEO is an actor employed to masks the true operators of scams.
Dubai, equally infamous as Russia, is the MLM crime capital of the world.
BehindMLM’s pointers for Dubai are:
- If somebody lives in Dubai and approaches you about an MLM alternative, they’re making an attempt to rip-off you.
- If an MLM firm relies out of or represents it has ties to Dubai, it’s a rip-off.
If you wish to know particularly how this is applicable to Crypto Arbitrage Group, learn on for a full evaluate.
Crypto Arbitrage Group’s Merchandise
Crypto Arbitrage Group has no retailable services or products.
Associates are solely in a position to market Crypto Arbitrage Group affiliate membership itself.
Crypto Arbitrage Group’s Compensation Plan
Crypto Arbitrage Group associates make investments Binance Coin (BNB). That is finished on the promise of a 2% to five% day by day ROI.
- make investments 0.1 BNB to 1.9 BNB and obtain 2% a day
- make investments 2 BNB to 29 BNB and obtain 3% a day
- make investments 30 BNB to 79 BNB and obtain 4% a day
- make investments 80 BNB or extra and obtain 5% a day
Crypto Arbitrage Group pays referral commissions on invested BNB by way of a unilevel compensation construction.
A unilevel compensation construction locations an affiliate on the high of a unilevel group, with each personally recruited affiliate positioned straight beneath them (degree 1):
If any degree 1 associates recruit new associates, they’re positioned on degree 2 of the unique affiliate’s unilevel group.
If any degree 2 associates recruit new associates, they’re positioned on degree 3 and so forth and so forth down a theoretical infinite variety of ranges.
Crypto Arbitrage Group caps payable unilevel group ranges at ten.
Referral commissions are paid as a share of funds invested throughout these ten ranges as follows:
- degree 1 (personally recruited associates) – 12%
- degree 2 – 8%
- degree 3 – 6%
- degree 4 – 4%
- ranges 5 and 6 – 2%
- ranges 7 and eight – 1%
- ranges 9 and 10 – 0.5%
Becoming a member of Crypto Arbitrage Group
Crypto Arbitrage Group affiliate membership is free.
Full participation within the connected earnings alternative requires a minimal 0.1 BNB funding.
Crypto Arbitrage Group Conclusion
Crypto Arbitrage Group represents it generates exterior income by way of “crypto arbitrage”.
The CAT group takes half in crypto arbitrage, concentrating on BRICS areas with 8-10% day by day yield.
No proof of Crypto Arbitrage Group producing income by way of arbitrage is offered. Ditto every other supply of exterior income.
Moreover, Crypto Arbitrage Group’s enterprise mannequin fails the Ponzi logic take a look at.
Crypto Arbitrage Group pitches an annual return of as much as 1825%.
No one able to producing that legitimately on a constant foundation is losing their time with cat masks Boris CEO scams. They merely don’t want your cash.
Because it stands, the one verifiable income getting into Crypto Arbitrage Group is new funding.
Utilizing newly invested BNB to pay present investor withdrawals makes Crypto Arbitrage Group a Ponzi scheme.
I’m tempted to say the identical scammers behind FVP Commerce are behind Crypto Arbitrage Group. I haven’t been in a position to verify this although so I’ll depart it as hypothesis.
As with all MLM Ponzi schemes, as soon as affiliate recruitment dries up so too will new funding.
This can starve Crypto Arbitrage Group of ROI income, ultimately prompting a collapse.
The mathematics behind MLM Ponzi schemes ensures that after they collapse, the vast majority of contributors lose cash.
