SofTrade AI Ponzi collapses, fake CEO does a runner


Someday over the previous few days the SofTrade AI Ponzi scheme has collapsed.

On the time of publication SofTrade AI’s web site is unresponsive. The corporate’s pretend CEO Ryan Baines has disappeared.

Yeah, I’m simply as shocked as you might be.

From what I’ve been capable of piece collectively, SofTrade AI stopped paying withdrawals just a few weeks again.

On April twelfth Ryan Baines modified the corporate’s official Fb pages from “SofTradeAI Buying and selling Academy” and “SofTradeAI World” to “Buying and selling Academy” and “On-line Funding Enterprise” respectively.

SofTrade AI’s official YouTube channel has additionally since been closed.

The pretend Ryan Baines Fb profile remains to be up, though it’s been scrubbed again to February 2nd.

SofTrade AI launched earlier this 12 months and promised traders 2% to 4% day by day returns.

Ryan Baines was outed as actor Marko Stevic in February. After we printed our article, the SofTrade AI admin utilizing the Baines account tried to reassure traders:

Right here we’re simply over a month later.

Complete SofTrade AI investor losses are unknown. Given whoever is working and profited from SofTrade AI is believed to be primarily based out of jap Europe, regulatory motion is unlikely.