GlobTFX, aka GTFX App, fails to offer possession or govt data on its web site.
GlobTFX’s present web site area (“globtfx.com”), was privately registered on July twenty third, 2024.
It ought to be famous that GlobTFX has disabled root web site entry on their area. The corporate as an alternative operates from two subdomains:
- house.globtfx.com – app funnel
- h5.globtfx.com – desktop app entry
GlobTFX beforehand operated from the area “gtfxx.com”, which has since been disabled.
In an try to seem official, GlobTFX seems to have registered a shell firm with FinCen.
FinCen is just not a monetary regulator. Seeing as any schmuck can register a shell firm with FinCen, doing so in and of itself is meaningless.
If we take a look at the source-code of GlobTFX’s web site, we will see it’s localized to Chinese language:
This implies whoever is operating GlobTFX has ties to China.
As all the time, if an MLM firm is just not brazenly upfront about who’s operating or owns it, assume lengthy and arduous about becoming a member of and/or handing over any cash.
GlobTFX’s Merchandise
GlobTFX has no retailable services or products.
Associates are solely in a position to market GlobTFX affiliate membership itself.
GlobTFX’s Compensation Plan
GlobTFX associates make investments 30 tether (USDT) or extra on the promise of three% to 4% a day.
GlobTFX pays referral commissions on invested USDT down three ranges of recruitment (unilevel):
- degree 1 (personally recruited associates) – 10%
- degree 2 – not disclosed
- degree 3 – 5%
Becoming a member of GlobTFX
GlobTFX affiliate membership is free.
Full participation within the hooked up earnings alternative requires a minimal 30 USDT funding.
GlobTFX Conclusion
GlobTFX is yet one more “click on a button” app Ponzi scheme.
GlobTFX’s “click on a button” Ponzi ruse is quantitative buying and selling:
The offered ruse is GlobTFX associates log in and click on a button (the extra invested the extra the button must be clicked).
Clicking the button purportedly generates income through quantitative buying and selling, which for some motive GlobTFX shares a share of with affiliate traders.
If that is not sensible it’s as a result of it doesn’t. Randoms clicking a button in an app doesn’t set off quantitative buying and selling.
In actuality clicking a button inside GlobTFX’s app does nothing. All Coinplex does is recycle newly invested funds to pay earlier traders.
GlobTFX is a part of a bunch of “click on a button” app Ponzis which have emerged since late 2021.
Examples of already collapsed “click on a button” app Ponzis utilizing the identical quantitative buying and selling ruse embody SDT Quant, Pitrex, and TOST.
Since 2021 BehindMLM has documented a whole lot of “click on a button” app Ponzis. Most of them final a couple of weeks to a couple 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 nearly all of traders with a loss (inevitable Ponzi math).
Organized crime pursuits from China function rip-off factories behind “click on a button” Ponzis 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 way of varied firms 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.
