CryptoProgram reboot Amsys is experiencing withdrawal delays.
Amsys affiliate funds are believed to have started shortly after the reboot from CryptoProgram (July 2023).
They’ve continued into August, as confirmed by Scott Morris on August ninth.
All the points with the Amsys program are being resolved.
It’s very inconvenient for anybody who’s ready on a cost however, and I perceive that as a result of I’m a type of individuals, however I even have absolute confidence within the system.
Morris, a US nationwide who represents he’s at present in Thailand, promotes MLM Ponzi schemes by means of “FireTeam1” branding.
In his Amsys video replace, Morris goes on to say Amsys is within the means of “due-diligence” with US regulators.
There was an replace from the corporate, that they’re persevering with their due-diligence course of to change into regulated.
Amsys started as CryptoProgram in mid 2022. Proprietor Ed Zimbardi rebooted CryptoProgram following regulatory fraud warnings from BC, Canada and California’s DFPI.
CryptoProgram, Amsys and Ed Zimbardi, a convicted felon, stay unregistered to supply securities in any jurisdiction.
Amsys’ withdrawal delays continued after Morris’ replace, prompting Ed Zimbardi himself to deal with the problem on August eleventh.
After threatening anybody to kick out traders who posted “unfavorable stuff” in his personal unlisted FaceBook group (which serves as a defacto CryptoProgram FaceBook group)…
Go begin your individual FaceBook group and bitch, moan, groan and complain if you wish to.
…Zimbardi trotted out excuses for Amsys’ withdrawal delays.
There’s a brand new web site (Amsys), and with the brand new web site … the programming language, the database was programmed in a sure language, and that language, that developer had left.
So a brand new improvement group got here on board and created a brand new database and web site, that was in a brand new language.
By way of their testing they believed that they might take the outdated legacy knowledge, which might be shoppers which have been round since June of final 12 months … and they’d be capable of get it synced up and imported into the brand new database, when the brand new web site went dwell.
It failed. Miserably.
Placing apart the explanation Zimbardi rebooted as Amsys was to cover from CryptoProgram fraud warnings, Zimbardi’s excuse is not sensible from a technical standpoint.
Exporting knowledge from one kind of database and importing to a different will not be one thing you attempt to do with out first confirming it may be executed.
From there it’s only a matter of organising a staging web site, testing the export/import. After you verify it really works, you run a backup on the manufacturing web site, pause it for a couple of minutes, run the operation after which resume the manufacturing web site.
If the method failed in testing, you don’t launch a damaged web site with lacking knowledge. You’d maintain the prevailing database operating until you’ve labored out the issue.
All of you guys assume that I’m on trip, simply travelling the world and simply, la la la.
I’ve been working fourteen to sixteen hours a day, serving to to get this complete state of affairs mounted.
After his “technical difficulties” excuse, Zimbardi strikes on to blaming his victims;
Right here’s what’s occurred; fraud. Primary.
So many individuals on this group, which might be trolls, are defrauding the platform. Stealing cash.
Which throws up purple flags to the folks that run the corporate within the backend. It’d be straightforward for them to simply shut all of it down.
I say, “No. Not gonna try this. Gotta work by means of it.”
In enterprise there’s gonna be losses. There’s additionally gonna be good points.
The issue is there’s individuals making the most of the system at such a big diploma.
The operator a fraudulent funding scheme accusing his victims of fraud is in fact comical.
As baloney as Amsys’ “database issues”, it serves as yet one more excuse – with Zimbardi lastly attending to the withdrawal delays.
They’ve paused the wallets, including wallets; generally they allow you to add wallets, generally they don’t.
They’ve pay outs which might be marked to be paid out, resulting from be paid out, however they haven’t paid out sure individuals as a result of they’re questionable wallets.
There’s duplicate wallets within the system now.
A few of you guys have been phished. It’s so evident and clear.
You’ve gone to copycat web sites, signed in, given away your login info. After which these individuals who run these philsing [sic] web sites, log in to your account and so they change your pockets.
That’s on you … you complain on-line however it’s your fault.
From a safety standpoint, it might take all of 5 minutes to implement a 2FA test on altering wallets in Amsys accounts. And naturally Zimbardi is aware of this.
So as a result of there are individuals, there are lots of people now, the are reconciling the database. You’ve bought the outdated database, you’ve bought the brand new database.
There’s no points with the people who find themselves getting enrolled at the moment, placing of their pockets, and their payout due is due in 32 days. That’s the brand new database, that’s all working advantageous.
99% of the problems are coming from the outdated legacy knowledge.
Zimbardi goes on to berate his victims for messaging himself and Amsys buyer help.
One sufferer who reached out to Zimbardi was counting on Amsys withdrawals “to pay payments”. To which Zimbardi replied;
To begin with, that’s an excessive amount of info. I’m not taken with anyone’s private life. That’s ridiculous.
I requested, “Did you message buyer help?” They mentioned, “No.”
I’m like, wait a second, right here’s a information alert: I’m not buyer help. Message buyer help.
I’m hoping that you simply cease messaging me. And telling me about your distinctive state of affairs that’s above and past the opposite nearly 13,000 wallets, that has triggered an emergency.
You shouldn’t be on this platform, in any respect, when you’ve got emergency monetary conditions.
I’m not taken with that story. As a result of I might then must get emotionally connected to your private story and everyone else’s private story. And I simply can’t try this.
I solely have 24 hours in a day and I would like a life too.
I’m making it clear that when you can’t be affected person, it’s OK.
Message me, inform me that you simply’re an emotional trainwreck and you could not deal with your feelings, and also you need out.
Then I can do no matter I can do to assist to get your packages cancelled.
I can’t get wrapped up in your feelings since you wish to whine and complain and fear about your cash.
Addressing considerations Amsys’ collapse is imminent, Zimbardi provided up this:
In the event that they had been going to rug-pull this guys, they might have executed it once they moved the location again on July 1st.
However but, day by day individuals are paid out.
I’m advised it’s gonna take one other two, hopefully not more than three weeks. And so they’ve assured me all of the outdated database content material will likely be synced up with the brand new system.
CryptoProgram and Amsys pitch a 25% month-to-month ROI. August 2023 marks the Ponzi scheme’s fourteenth month; which means when you’d put in $100 when CryptoProgram launched, you’d have $350 in your Amsys backoffice.
For those who compounded your month-to-month return, you’d have much more to money out – therefore Amsys’ inevitable withdrawal delays.
SimilarWeb tracked ~125,000 visits to CryptoProgram’s web site in June 2023. In July 2023 there have been an estimated ~142,000 visits to Amsys’ web site.
Whereas nonetheless in improve, it’s nowhere close to sufficient to proceed propping up a 25% a month Ponzi scheme.
As of July 2023, prime sources of visitors to Amsys’ web site are the US (56%), the UK (10%), Germany (9%) and Canada (4%).
