QTCPCoin fails to supply possession or government info on its web site.

QTCPCoin’s web site area (“qtcpcoin.com”), was privately registered on June twenty first, 2024.

QTCPCoin falsely represents it’s primarily based out of the US and has registered with a number of monetary regulators.

QTCPCoin, a number one world digital foreign money buying and selling platform, which has obtained twin MSB licenses from america and Canada, in addition to regulatory licenses from the U.S., NFA and SEC, is at the moment making use of for regulatory certification from the UK Monetary Conduct Authority (FCA).

None of those claims are true. Actually the FCA issued a QTCPCoin fraud warning on November twentieth, 2024.

If we take a look at QTCPCoin’s web site source-code we discover Chinese language:

This implies whoever is working QTCPCoin has ties to China.

As all the time, if an MLM firm shouldn’t be brazenly upfront about who’s working or owns it, assume lengthy and laborious about becoming a member of and/or handing over any cash.

QTCPCoin’s Merchandise

QTCPCoin has no retailable services or products.

Associates are solely in a position to market QTCPCoin affiliate membership itself.

QTCPCoin’s Compensation Plan

QTCPCoin associates make investments tether (USDT). That is carried out on the promise of non-publicly disclosed returns.

QTCPCoin additionally pays referral commissions on invested USDT down three ranges of recruitment (unilevel):

QTCPCoin doesn’t publicly disclose particular referral fee charges.

Becoming a member of QTCPCoin

QTCPCoin affiliate membership is free.

Full participation within the hooked up earnings alternative requires a minimal undisclosed funding in USDT.

QTCPCoin Conclusion

QTCPCoin is yet one more “click on a button” app Ponzi scheme.

QTCPCoin’s “click on a button” Ponzi ruse is buying and selling indicators:

The introduced ruse is QTCPCoin associates log in and click on a button (the extra invested the extra the button must be clicked).

Clicking the button purportedly ties into executing supplied buying and selling indicators.

For some motive QTCPCoin can’t execute these trades on their very own, as an alternative choosing the ruse of sharing buying and selling earnings with traders.

If that is not sensible it’s as a result of it doesn’t. Why get randoms to click on a button in a dodgy app when you might simply execute the trades your self?

In actuality clicking a button inside QTCPCoin’s app does nothing. All Finopta does is recycle newly invested funds to pay earlier traders.

QTCPCoin is a part of a gaggle of “click on a button” app Ponzis which have emerged since late 2021.

Examples of already collapsed “click on a button” Ponzis utilizing the identical app ruse embrace RainbowEx, Gxness and TRC Commerce.

Since 2021 BehindMLM has documented a whole bunch of “click on a button” app Ponzis. Most of them final a couple of weeks to some months earlier than collapsing.

“Click on a button” app Ponzis disappear by disabling each their web sites and app. This tends to occur with out discover, leaving the vast majority of traders with a loss (inevitable Ponzi math).

Organized crime pursuits from China function rip-off factories behind “click on a button” Ponzis, usually from south-east Asian nations.

In September 2024, the US Division of Treasury sanctioned Cambodian politician Ly Yong Phat over ties to Chinese language human trafficking rip-off factories.

By numerous corporations he owns, Phat is alleged to shelter Chinese language scammers working out of Cambodia.

No matter which nation they function from, the identical group of Chinese language scammers are believed to be behind the “click on a button” app Ponzi plague.