COTP reboot Ponzi Trust Miner “loses” website domain


The Belief Miner reboot Ponzi has misplaced its web site area.

Naturally, the reasoning administration have give you doesn’t maintain up.

Someday during the last 24 hours Belief Miner’s web site went offline. The web site had been hosted on the area “trustminer.app”.

Ponzi web sites going offline is your typical exit-scam, however Belief Miner admin Corey Deez insists that’s not the case.

Deez addressed the downtime by way of a “website announcement”;

Over the previous few days there have been a number of assaults on current BSC tasks.

A foul actor reported to our area supplier that we have been violating their Phrases of Service.

That is unfaithful, however the area supplier proceeded to take down our website.

None of that is sensible.

Firstly, getting a web site area taken down does nothing for somebody “attacking BSC tasks”.

Secondly, whereas area registrar’s would possibly act on TOS violation complaints, they usually don’t accomplish that with out contacting the area proprietor. And from there each area supplier has a course of in place.

Working Ponzi schemes like Belief Miner is prohibited however usually registrar’s don’t act until they’re contacted by regulation enforcement (I don’t need to get into it right here but it surely’s to do with legal responsibility on the registrar’s behalf).

In any occasion, when a registrar does take motion – it’s mirrored in WHOIS data. With Belief Miner’s web site area document, we will see nothing has modified because it was registered on June fifteenth.

Deez claims he’s replicated Belief Miner’s earlier web site to a brand new area, “trustminer.finance”.

This blows a good greater gap in Deez’s preliminary declare, seeing because the .finance area was additionally registered on June fifteenth (inside half-hour of the .app area) – by means of the identical registrar.

If Deez’s baloney clarification held water, the identical registrar isn’t going to let him use a backup area to host the identical content material. It’d be so simple as reporting the brand new area to get it shut down.

However that’s clearly not what’s occurred right here.

MLM Ponzi schemes are a murky mess to wade by means of at the very best of occasions. MLM crypto Ponzis run by means of shady Telegram teams are much more opaque.

SimilarWeb experiences Belief Miner’s .app area solely recorded round 11,000 visits all through June. That’s nowhere close to sufficient to maintain an MLM Ponzi.

I believe the area reboot is an try and refresh advertising and marketing efforts, basically writing off Belief Miner’s first launch.

If recruitment doesn’t enhance, count on extra “assaults” as an exit-scam is pulled within the subsequent few months.

Belief Miner is a reboot of the collapsed COTP Ponzi scheme. Versus being linked to COTP administration nonetheless, Belief Miner is believed to be run by former traders.

The objective of double scamming COTP traders has been achieved, so there’s little incentive to maintain the reboot Ponzi going until new victims are discovered.