GMC Elev8ed, launched as a part of the collapsed Greek Mythology Membership Ponzi, has itself collapsed.
Following widespread losses all through the week, GMC Elev8ed buyers at the moment are reporting liquidation.
As of July 18th, 2024, GMC Elev8ed as a complete has recorded a 99.9% loss.
It needs to be famous that whereas MyFXBook stats may be simply faked, and are after all not an alternative to audited monetary stories filed with regulators, on this occasion the information appears to match up with GMC Elev8ed investor losses.
Bother for GMC Elev8ed buyers started on or round July 1st, when fairness development took a nosedive.
From there issues solely obtained worse, resulting in widespread liquidations reported on July 18th.
Communications between GMC Elev8ed members reveals Brendon Parker blaming “Tal”, a purported dealer.
GMC Elev8ed advertising by no means publicly named its dealer, however did declare a closely tattooed particular person would solely ever lose as much as 1.5% a day.
Shortly after Parker’s associate Zak Anstis reported he was having a gathering with Tal, buyers started reporting liquidations.
Parker and Anstis (proper) launched Greek Mythology Membership in 2022. The primary iteration of the rip-off was an NFT Ponzi grift.
Earlier this 12 months Parker and Anstis launched GMC Elev8ed, promising Greek Mythology Membership victims a restoration by automated foreign currency trading.
Passive returns buying and selling schemes sometimes collapse when the bot blows up. That is sometimes a ruse by which the homeowners steal investor funds.
