Nimbus Platform is an MLM crypto Ponzi that’s been round since August 2020.
The authentic Ponzi scheme was constructed round NMBT tokens, paying as much as 0.5% a day.
This collapsed in lower than a yr, prompting Nimbus Platform to reboot with NBU tokens. The second iteration of Nimbus Platform provided a much more modest 7% a yr.
Right here’s how that’s going:
Now, in an try and resurrect the failed second reboot, Nimbus has upped the ante with a 100% annual ROI.
Nimbus’ new Ponzi providing is wrapped up in an NFT grift they’re referred to as “Nimbus NFT Sensible Staker”.
Sensible Staker n-NFT routinely generates rewards from two staking streams: with as much as 40% APY and 60% APY correspondingly.
The 100% annual ROI comes by way of a staking grift;
Change into a Liquidity Supplier for Nimbus Swap to obtain 2 sorts of rewards of as much as 100% APY.
And Nimbus Platform’s authentic NBU Ponzi has been “upgraded” to twenty% a yr;
Stake NBU or GNBU at as much as 20% APY.
One different factor value noting is the late 2021 launch of GNBU Token:
One other swing and a miss.
Nimbus Platform’s web site has an “associates program” part…
Invite your folks to Nimbus and get additional rewards and bonuses, together with the chance to win Nimbus NFTs.
…nonetheless particular particulars are withheld from the general public. As such I’m unclear on whether or not Nimbus Platform continues to be working as an MLM firm.
As the corporate did when it first rebooted, Nimbus Platform has once more modified CEOs.
When BehindMLM final reviewed Nimbus Platform for a second time in February 2021, Fernando Martinho was offered as CEO of the corporate.
Lower than per week after the evaluate was printed, Martinho disappeared from Nimbus Platform’s web site.
We suspect Martinho cashed out and did a runner, nonetheless neither he or Nimbus Platform has ever addressed his sudden disappearance.
On November twenty eighth 2021, seven months after Martinho disappeared, Nimbus Platform rolled out Alex Lemberg.
Lemberg is predicated out of the US and has a finance background.
Lemberg’s final video look on Nimbus Platform’s YouTube channel was on June twenty seventh, 2022:
In accordance with Lemberg’s LinkedIn profile, he cashed out and left Nimbus Platform the next month.
As of July 2022, Lemberg’s LinkedIn profile locations him as CEO of BeMotion, a reseller of assorted software program platforms.
For his or her half, BeMotion don’t appear fussed Lemberg headed up a Ponzi scheme for ten months:
As to who’s working Nimbus Platform now, the revolving CEOs suggests an undisclosed third-party truly run and owns the corporate.
Presumably till one other CEO alternative is discovered, Nimbus Platform advertising movies is Nimbus Vice-President Waseem Mamlouk.
Mamlouk joined Nimbus in 2020 and was promoted to VP in late 2021. Across the time of his appointment, Mamlouk claimed Nimbus Platform was going to record “on a significant North American inventory change by the top of 2021”.
To not take something away from Canada, however the US is essentially the most lively regulator of unregistered securities on the planet. For apparent causes, Nimbus Platform’s introduced change itemizing didn’t occur.
At this time Nimbus is banging on about acquiring some license from the Central Financial institution of Bahrain.
Central Financial institution Licensing and Supervision of the Kingdom of Bahrain
Nimbus Platform now has the required regulatory approval and licensing for tokens and NFTs within the Kingdom of Bahrain in accordance and session with the Central Financial institution of Bahrain (CBB).
Bahrain is a tiny kingdom nation within the middle-east of round 1.4 million individuals. However Nimbus Platform isn’t even lively in Bahrain, any license obtained there’s meaningless exterior of the nation.
SimilarWeb at the moment tracks high sources of site visitors to Nimbus Platform’s web site as Germany (67%), Turkey (15%), Colombia (10%) and Spain (3%).
Nimbus Platform shouldn’t be registered to supply securities in any of those international locations.
To that finish Spain’s CNMV issued a Nimbus Platform securities fraud warning in November 2020.
Who truly owns and runs Nimbus Platform and from the place stays unknown.