Moderately than simply slink away with what they’ve stolen, Intelligence Prime Capital is priming traders for one more spherical of losses.
The foreign currency trading ruse has run its course. So now Intelligence Prime Capital is an MLM crypto Ponzi.
Intelligence Prime Capital arrange their transition to crypto fraud with IPCloud, introduced in direction of the tip of March.
IPCloud has now been expanded with the introduction of two Ponzi shitcoins; IUSD and IPC.
IUSD is represented as being price $1 every. It’s an excuse to transform USD monopoly cash backoffice quantities to a shitcoin Intelligence Prime Capital can dump at any time.
The Ponzi facet of the enterprise will now happen in IPC tokens.
After changing backoffice USD balances to IUSD, IPCapital associates are being urged to spend money on IPC tokens for five to eight cents every.
Whether or not returns will simply be paid on invested IPC tokens or there’ll be some staking ruse cowl has but to be disclosed.
On the backend, IPC tokens shall be transformed again to IUSD when it’s time to money out. IUSD will then both be paid out internally or dumped on public exchanges.
Intelligence Prime Capital’s new crypto fraud part may begin off with inner withdrawals however, given the unique Ponzi collapsed, that’s not going to final lengthy.
The general public change exit-scam will see ISDU dumped on dodgy exchanges. Associates rush to money out and no matter synthetic worth ISUD begins with plummets.
The takeaway right here is that when a Ponzi scheme collapses, it’s over. The hoops Intelligence Prime Capital will enact to get something out will solely get greater.
New cash goes to be scarce attributable to current traders believing they’ve received a ton of cash to money out however can’t. Why throw extra good cash after the unhealthy.
That in turns results in a decline in recruitment, and so the Ponzi demise spiral continues.
Oh after which there’s the company shenanigans and “regulators!” nonsense, which conveniently disappeared when it’s time to ask for more cash.