Following the collapse of its unique WEWEX Ponzi scheme in mid 2021, WeWe World launched LyoFI and LyoPay in late 2021.
Connected to LyoFI and LyoPay was LYO, a token used to run a brand new 300% ROI Ponzi scheme.
As of January 2023, right here’s how LYO token goes:
As LYO Ponzi dumps in direction of $0, WeWe World has now launched L-Finance Ponzi scheme.
WeWe World has arrange L-Finance on the area “lfi.io”.
“Lfio.io” was initially registered in 2020. The personal registration was final up to date on September fifth, 2022.
By the Wayback Machine we are able to see “lfi.io” was on the market in early 2022.
So it seems WeWe World bought the area on or round September 2022.
A go to to L-Finance’s web site reveals LFI is a BEP-20 token. These take a couple of minutes to arrange at little to no value.
Connected to L-Finance is the same old slew of cryptobro stuff no one cares about:
What buyers are right here for is marketed annual returns of as much as 2857.14%.
L-Finance and LFI is the outdated “staking” grift, besides WeWe World calls it “vesting” now.
Associates enroll, spend money on LFI (or convert their nugatory LYO to LFI), park the tokens with the corporate and gather extra tokens.
The goal is to money out subsequently invested funds. The issue is, as LYO bagholders are realizing, is that this depends on a continuing stream of recent victims to steal from.
SimilarWeb at the moment tracks negligible visitors to L-Finance’s web site. WeWe World web site is as much as 605,000 visits as of December 2022, up from 405,000 in November.
Exterior of Seychelles nonetheless, recruitment has collapsed (Italy, Bulgaria, Argentina and Greece are all down).
In any occasion, it needs to be apparent that, earlier than pleb buyers can money out, LFI will comply with the identical trajectory as LYO.
WeWe World are touting LFI’s dumping on public exchanges as vLFI someday in January 2023.
Starting January 2023, LFi can be listed on a number of exchanges and price-tracking web sites. It will likely be used for trades and transactions and to be vested as vLFi.
Anticipate a potential fourth WeWe World reboot when vLFI inevitably collapses.
WeWe World is believed to be run by Luiz Goes (aka Luiz Goez) out of Dubai.
Believed to be a Brazilian nationwide, Goez can also be working with accomplices in Italy.