KKBT has collapsed.
The Ponzi scheme is the newest exit-scam from a collection of app-based Ponzis, all believed to originate out of Asia.
I didn’t get round to reviewing KKBT however from what I’ve seen it was one other “click on a button” job Ponzi scheme.
KKBT was run off two web site domains, every focusing on a unique nation.
South Africa was focused by means of the area “kkbt-za.com”, privately registered on January twelfth, 2022.
India was focused by means of the area (“kkbt.in”), additionally privately registered on January twelfth.
Each web sites have been connected to apps, every tailor-made to the its nation’s foreign money and language. Notice that the Indian model of KKBT doesn’t seem to have gained any traction.
The “click on a button” ruse behind KKBT was cryptocurrency mining. Clicking a button every day per funding was represented to generate mining income.
That was in fact baloney, with KKBT collapsing by way of “web site down” exit-scam just a few day in the past.
Over the previous few months we’ve seen various “click on a button” job app-based Ponzis pop up.
Inform-tale indicators of those clone apps I’ve famous are:
- title is often random letters strung collectively, typically with numbers on the top
- began off normal, now seem like localized to sure areas primarily based on cost processors and language
- earlier iterations have been fronted by locals, now tends to simply be a login kind web site;
- all function “VIP” funding plans
- traders often must click on a button every day to qualify for returns (not at all times)
- identical back-end app with boxy buttons
- solicits funding in cryptocurrency, typically with a localized cost processor choice
This checklist isn’t definitive and is topic to alter as consciousness catches as much as the scammers.
Examples of “click on a button” app-based Ponzis I’ve famous right here on BehindMLM embrace:
- COTP – pretended associates clicking a button generated buying and selling exercise, collapsed Might 2022
- DF Finance pretends clicking a button generates commissionable gross sales
- EthTRX is the same app-based Ponzi, with the every day job element disabled
- Yu Klik – pretends clicking a button generates buying and selling exercise, focusing on Indonesia
- EasyTask 888 – has customers like YouTube movies and pretends that generates income, focusing on Colombia
The “click on a button” app Ponzis are all popping out of Asia. I’m undecided how they’re discovering locals to entrance and arrange the assorted localized Ponzi schemes although.
There are extra of those scams on the market. I do know I’ve just a few extra on my evaluation checklist that I’m working by means of. Will replace as they arrive up.