The EmpiresX Ponzi scheme has collapsed.
Affiliate buyers are reporting disabled withdrawals courting again to mid October.
Full disabling of withdrawals adopted EmpiresX introducing withdrawal restrictions in early October.
EmpiresX’s collapse has seen affiliate testimonials go from this:
To this:
At time of publication EmpiresX’s web site continues to be up. Firm house owners Emerson Pires and Flavio Goncalves haven’t publicly addressed the collapse.
EmpiresX’s social media accounts seem to have been deserted in early November.
I did see some nonsense about places of work in Japan and China, nonetheless I used to be unable to confirm.
In any occasion, being a Ponzi scheme, except new funding is discovered it’s unlikely EmpiresX will re-enable withdrawals.
In early October Emerson Pires claimed EmpiresX had “filed for the SEC.”
The paperwork are going to be uploaded um, on the backoffice, I consider uh within the subsequent couple of days.
[8:09] We had filed the primary time, the primary time we have been denied.
The SEC wished us to vary issues. Change, y’know, the way in which we run our enterprise.
Virtually two months later, EmpiresX and its principals stay unregistered with the securities regulator.
Alexa visitors estimates recommend EmpiresX victims are from Australia (22%), South Africa (19%) and the US (15%).
In October guests to EmpiresX’s web site have been from the US (63%) and Vietnam (21%).
The change in demographic suggests EmpiresX recruitment has collapsed within the US and Vietnam, with suckers from Australia and South Africa filling in.
Replace nineteenth January 2022 – EmpiresX has introduced it’s shutting down.