Jet-Bot fails to offer possession or govt data on its web site.

Jet-Bot’s web site area (“jet-bot.com”), was initially registered in January 2020.

The personal registration was final up to date on January sixth, 2022.

Jet-Bot’s emblem references “GT-Protocol”. On the prime of Jet-Bot’s web site, we additionally discover a GT-Protocol associated message:

Jet-Bot transforms into GT-Protocol: Uncover our evolution and rebranding journey.

GT-Protocol is a few AI grift “staking” Ponzi constructed round a GTP shit token.

Two names we are able to connect to Jet-Bot by means of GT-Protocol are Alex Vasilyev and Vlad Balaban.

Apart from the plain crypto bro connotation and implied ties to jap Europe, I wasn’t capable of finding something additional on Vasilyev or Balaban.

As at all times, if an MLM firm shouldn’t be brazenly upfront about who’s operating or owns it, suppose lengthy and arduous about becoming a member of and/or handing over any cash.

Jet-Bot’s Merchandise

Jet-Bot has no retailable services or products.

Associates are solely capable of market Jet-Bot affiliate membership itself.

Jet-Bot’s Compensation Plan

Jet-Bot associates pay a charge after which place cryptocurrency beneath the management of Jet-Bot’s buying and selling bot.

That is finished on the expectation of marketed returns:

• pay $50 for a 200% ROI (50% charge charged on ROI)
• pay $100 for a 300% ROI (30% charge charged on ROI)
• pay $200 for a 500% ROI (20% charge charged on ROI)
• pay $1500 for no ROI restrict (no ROI charge)

Be aware that for the primary three funding plans, a brand new charge fee should be made when the ROI restrict is reached.

Jet-Bot pays referral commissions on the above charge funds down three ranges of recruitment (unilevel):

• stage 1 (personally recruited associates) – 25%
• stage 2 – 15%
• stage 3 – 10%

Becoming a member of Jet-Bot

Jet-Bot affiliate membership prices $50 to $1500.

The extra a Jet-Bot affiliate spends in charges the upper their earnings potential.

Jet-Bot Conclusion

Jet-Bot represents associates generate returns by way of buying and selling on Binance.

What does Jet-Bot provide for buyers?

Jet Bot Binance Copy buying and selling Strategie [sic] permits buyers to repeat all offers {of professional} merchants on the Binance change.

A duplicate buying and selling service was launched in June 2019. Because the launch extra then 8 copy buying and selling methods have been out there for a replica buying and selling to Jet-Bot customers.

Throughout on a regular basis all methods confirmed optimistic buying and selling efficiency every month. The typical month-to-month revenue is +21%/month.

That is the “lulz can’t contact our cash!” ruse.

Ought to I switch my funds to Jet-Bot?

No, you don’t have to switch funds to the platform. You maintain your crypto in your individual private Binance account.

At worst these fashions run as Ponzi schemes, with the bot rigging trades between admin/investor accounts to cowl returns. Finally this collapses and a few exit-scam excuse is trotted out.

At greatest you’re counting on a buying and selling bot run by unknowns that would blow up at any time. Sometimes this occurs by means of rigged trades in favor of the admin.

Keep in mind, you’re giving entry to your Binance account to Jet-Bot. You don’t really personal the buying and selling bot or management it.

On the regulatory entrance providing passive returns by way of a buying and selling bot constitutes a securities providing. This requires registration with regulators and filed audited monetary reviews.

Jet-Bot fails to offer proof it has registered with monetary regulators in any jurisdiction.

Which means that at a minimal, Jet-Bot is committing securities fraud.

Whereas it doesn’t seem like MLM, GT-Protocol has the identical legitimacy issues Jet-Bot does (passive returns with no regulatory registration or audited monetary reviews).

GT-Protocol nevertheless is a straight up “staking” mannequin Ponzi scheme.

Failure to adjust to regulatory necessities apart, that the identical persons are operating GT-Protocol and Jet-Bot ought to on the very least be pause for concern.