Tether mining “click a button” app Ponzi

Btether supplies no data on its web site about who owns or runs the corporate.

Btether’s web site is a login gateway to the corporate’s app, by which its MLM alternative is run by.

Btether’s web site area (“btether.com”), was privately registered on July twenty third, 2022.

If we have a look at the source-code of GoodTRX’s web site source-code, we discover Chinese language:

This strongly suggests whoever is behind GoodTRX has ties to China.

As at all times, if an MLM firm shouldn’t be overtly upfront about who’s working or owns it, assume lengthy and onerous about becoming a member of and/or handing over any cash.

Btether’s Merchandise

Btether has no retailable services or products.

Associates are solely capable of market Btether affiliate membership itself.

Btether’s Compensation Plan

Btether associates make investments tether (USDT). That is finished on the promise of marketed returns:

  • VIP1 – make investments 1 to 499 USDT and obtain 15% a day
  • VIP2 – make investments 500 to 1999 USDT and obtain 16% a day
  • VIP3 – make investments 2000 to 9999 USDT and obtain 18% a day
  • VIP4 – make investments 10,000 to 49,999 USDT and obtain 22% a day
  • VIP5 – make investments 50,000 to 99,999 USDT and obtain 26% a day
  • VIP6 – make investments 100,000 to 999,999 USDT and obtain 30% a day

There doesn’t seem like any restrict to Btether’s marketed returns.

Btether pays referral commissions on invested tether down three ranges of recruitment (unilevel):

  • stage 1 (personally recruited associates) – 15%
  • stage 2 – 8%
  • stage 3 – 5%

Becoming a member of Btether

Btether affiliate membership is free.

Full participation within the connected revenue alternative requires a 1 to 999,999 USDT funding.

Btether Conclusion

Btether is one other app-based job Ponzi scheme from what seems to be Chinese language scammers.

Btether’s Ponzi ruse is “cloud mining”. Btether  represents “clicking a button” equates to “the acquisition of cloud computing energy”.

It doesn’t. All Btether is doing is recycling invested funds to pay returns.

Btether is a part of a bunch of “click on a button” app Ponzis which have emerged since late 2021.

Together with Btether, BehindMLM has up to now documented thirty-five “click on a button” app Ponzis. Most of them final a number of weeks to some months earlier than collapsing.

The identical group of Chinese language scammers are believed to be behind the “click on a button” app Ponzi plague.