J. Ryan Conley’s TronCase Ponzi reboot has collapsed.
As on the time of publication, the TronCase Ponzi smart-contract has a 0 TRX steadiness.
TronCase’s first iteration was launched by Martin Karus and Erik Nurm in late 2020.
Ryan J. Conley was one among TronCase’s early buyers and high promoters. This in flip makes him one of many Ponzi scheme’s high net-winners.
TronCase collapsed in July 2021. Karus and Nurm went into hiding, leaving Ryan Conley to entrance indignant victims.
It wasn’t lengthy earlier than a TronCase reboot was introduced, helmed by Conley himself.
Conley’s TronCase reboot was a clone of the unique Ponzi, working from a special web site area.
TronCase’s reboot smart-contract was created on July eleventh.
Because of dUh BlOcKcHaIn, we are able to see the contract peaked at simply over 24.5 million TRX on August eighth:
The present road worth of 24.5 million TRX is round $2.2 million USD.
Alexa visitors estimates for the TronCase reboot web site recommend Conley’s victims are primarily from the US (56%), Yemen (22%) and Vietnam (5%).
Just a few weeks earlier than the unique TronCase collapsed, Conley deserted his household and fled the US for Brazil.
He’s presently waltzing round South America with a brand new flame, dwelling off stolen investor funds.
Conley continues to advertise numerous MLM crypto Ponzi schemes on social media, particularly HyperFund and EtherConnect.