Quantitative buying and selling “click on a button” app Ponzi

YIPTG fails to supply possession or govt data on its web site.

YIPTG’s web site area (“yiptg.com”), was privately registered on January fifth, 2024.

Regardless of solely current for a number of months, on its web site YIPTG falsely claims it was “set up[ed] in Nevada, USA in 2012”.

As to being primarily based of Nevada, YIPTG affords up a Nevada shell firm certificates for YIPTG LLC.

YIPTG LLC was purportedly registered on January ninth, 2024.

As a result of ease with which scammers are in a position to incorporate shell corporations with bogus particulars, for the aim of MLM due-diligence these certificates are meaningless.

Moreover a purported shell firm connection signifies YIPTG has no precise ties to Nevada.

If we click on on the source-code of YIPTG’s chat assist service, we discover it runs on Meiqia software program.

Meiqia is a Chinese language software program firm primarily based out of Beijing. This means whoever is operating DCPTG has ties to China.

SimilarWeb site visitors estimates for YIPTG’s web site counsel the corporate is presently being promoted in Belgium (27%), Ukraine (23%), Russia (15%), Latvia (13%) and Portugal (11%).

As all the time, if an MLM firm will not be brazenly upfront about who’s operating or owns it, suppose lengthy and onerous about becoming a member of and/or handing over any cash.

YIPTG’s Merchandise

YIPTG has no retailable services or products.

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

YIPTG’s Compensation Plan

YIPTG associates make investments tether (USDT). That is completed on the promise of marketed returns:

  • VIP1 – make investments 30 to 500 USDT and obtain 2% to 2.3% a day
  • VIP2 – make investments 500 to 3000 USDT and obtain 2.3% to 2.8% a day (should recruit 5 affiliate traders to unlock)
  • VIP3 – make investments 3000 to 10,000 USDT and obtain 2.8% to three.3% a day (should recruit ten affiliate traders to unlock)

The MLM facet of YIPTG pays on recruitment of affiliate traders.

Referral Commissions

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

  • degree 1 (personally recruited associates) – 12%
  • degree 2 – 4%
  • degree 3 – 2%

Recruitment Bonus

YIPTG pays a recruitment bonus on private recruitment efforts:

  • recruit one affiliate investor and obtain 10 USDT
  • recruit two affiliate traders and obtain 15 USDT
  • recruit three affiliate traders and obtain 20 USDT
  • recruit 4 affiliate traders and obtain 25 USDT
  • recruit 5 affiliate traders and obtain 30 USDT

Month-to-month Wage

YIPTG pays a “month-to-month wage” primarily based on degree 2 recruitment (associates recruited by associates you recruit):

  • have fifty recruited affiliate traders on degree 2 and obtain $120 a month
  • have 300 affiliate traders on degree 2 and obtain $450 a month
  • have one thousand affiliate traders on degree 2 and obtain $1050 a month

Becoming a member of YIPTG

YIPTG affiliate membership is free.

Full participation within the hooked up revenue alternative requires a minimal 30 USDT funding.

YIPTG Conclusion

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

YIPTG’s “click on a button” Ponzi ruse is quantitative buying and selling:

The introduced ruse is YIPTG 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 YIPTG 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 YIPTG does nothing. All YIPTG is doing is recycling newly invested funds to pay earlier traders.

YIPTG 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 DQFOBC AI and CDC.

Together with YIPTG, BehindMLM has to date documented over 100 “click on a button” app Ponzis. Most of them final a number 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).

The identical group of Chinese language scammers are believed to be behind the “click on a button” app Ponzi plague.

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