One other “bUt ThEy CaN’t ToUcH oUr MoNeY!” MLM buying and selling bot Ponzi has collapsed.
On January twelfth iQuandex knowledgeable its associates of a “technical error”.
The revelation adopted iQuandex shutting down its buying and selling bot platform with out rationalization just a few days prior.
As per iQuandex’s communication;
Pricey companions and shoppers!
As you realize, in the previous few days the platform has been beneath technical upkeep and our staff has not offered detailed details about the explanation for these technical works.
Sadly there was a really severe and unsightly for all of us technical error within the instruments used to regulate buying and selling on belief administration.
Because of this failure, a commerce was entered with unacceptable parameters (x100 cross leverage, with all deposit), leading to a lack of funds.
For that reason, Belief administration buying and selling is disabled.
API buying and selling is working in regular mode. The platform is at the moment being audited. Till the completion of the audit (18 January 2021), funding your account on the platform won’t be obtainable.
A plan to resolve the state of affairs might be accomplished and introduced throughout the subsequent three days.
As I write this it’s January twenty first. To the perfect of my data nothing has occurred since withdrawals had been disabled on or round January ninth or so.
For the audit, all customers who’ve a bot on the belief administration ought to contact technical assist by 17 January inclusive, and supply information on:
1) the e-mail to which the account is registered;
2) ID;
3) nickname in Telegram/telephone quantity in Telegram;
4) the deposit quantity in greenback equal on the time of activation. You probably have few TM bots on this account – write the sum of deposits.
You probably have a number of accounts, please, write a separate letter for every account.
For causes that must be apparent, iQuandex has merely exit-scammed with investor funds.
The buying and selling bot was programmed to carry out rigged trades from day one. All somebody needed to do was flip a change.
There was no error. There is no such thing as a audit. And the request for information appears an terrible lot like KYC, which is often used to stall whereas Ponzi scammers make a clear getaway.
What with iQuandex being a Ponzi scheme run by a former BitClub Community scammer, this was inevitable.
Remember to learn the feedback of our printed overview linked above, during which a gullible dumbasses argued it was unimaginable for iQuandex to steal their cash.
Cue iQuandex stealing their cash and sorry in your loss.
In keeping with the reader who introduced iQuandex’s collapse to my consideration, the rip-off has launched a reload buying and selling bot scheme.
Please replace the overview as a result of these individuals nonetheless asking victims to buy new bot on their group and to recruite [sic] extra downline.
I’m undecided there’s something to replace. Such to the extent iQuandex continues to solicit funding, it’s the identical rip-off with the identical rip-off bot.