Quantitative trading “click a button” app Ponzi

edX AI fails to offer possession or govt info on its web site.

edX AI’s web site area (“edxai-usdt.com”), was privately registered on April twenty fifth, 2024.

Of observe is edX AI’s web site area being registered by the Chinese language registrar Alibaba (Singapore).

In an try to seem reputable, edX AI supplies a FINCEN MSB registration certificates for EDX INC. EDX Inc. is represented to be a New York shell firm.

The certificates is meaningless, primarily on account of FINCEN not being a monetary regulator.

Moreover as a result of ease with which scammers are in a position to incorporate shell corporations with bogus particulars, for the aim of MLM due-diligence any associated certificates are meaningless.

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

edX AI’s Merchandise

edX AI has no retailable services or products.

Associates are solely in a position to market edX AI affiliate membership itself.

edX AI’s Compensation Plan

edX AI associates make investments tether (USDT). That is accomplished on the promise of marketed returns:

  • VIP1 – make investments 13 to 165 USDT and obtain 8.6% a day
  • VIP2 – make investments 166 to 665 USDT and obtain 9.8% a day
  • VIP3 – make investments 666 to 1665 USDT and obtain 11.8% a day
  • VIP4 – make investments 1666 to 3665 USDT and obtain 15.2% a day
  • VIP5 – make investments 3666 to 8665 USDT and obtain 17.3% a day
  • VIP6 – make investments 8666 to 26,665 USDT and obtain 18.5% a day
  • VIP7 – make investments 26,666 or extra USDT and obtain 20% a day

edX AI pays referral commissions on invested USDT down three ranges of recruitment (unilevel):

Be aware nonetheless that particular referral fee charges on every stage are usually not disclosed.

edX AI additionally pays a referral bonus is that if the next downline funding targets are met:

  • 500 USDT in downline funding generated inside 24 hours = 26 USDT bonus
  • 1500 USDT in downline funding generated inside 24 hours = 66 USDT bonus
  • 5000 USDT in downline funding generated inside 24 hours = 266 USDT bonus
  • 15,000 USDT in downline funding generated inside 24 hours = 766 USDT bonus
  • 50,000 USDT in downline funding generated inside 24 hours = 3666 USDT bonus
  • 10,000 USDT in downline funding generated inside 24 hours = 8666 USDT bonus

Be aware that edX AI solely counts downline funding throughout the primary three ranges of recruitment.

Becoming a member of edX AI

edX AI affiliate membership is free.

Full participation within the connected revenue alternative requires a minimal 13 USDT funding.

edX AI Conclusion

edX AI misappropriates the title and branding of the web studying platform edX.

edX is a US for-profit on-line schooling platform owned by 2U since 2021. The platform’s important focus is to handle a wide range of choices, together with elite model bootcamps.

edX AI has nothing to do with edX the precise firm.

edX AI is one more “click on a button” app Ponzi scheme. edX AI’s “click on a button” Ponzi ruse is quantitative buying and selling.

The introduced ruse is edX AI associates log in and click on a button (the extra invested the extra the button must be clicked). This initiates a scripted “quantification course of”.

Initiating the “quantification course of” purportedly generates income by way of quantitative buying and selling, which for some purpose edX AI shares a proportion of with affiliate traders.

If that is mindless it’s as a result of it doesn’t. Randoms clicking a button in an app doesn’t set off quantitative buying and selling.

In actuality clicking a button inside edX AI does nothing. All edX AI does is recycle newly invested funds to pay earlier traders.

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

Examples of already collapsed “click on a button” app Ponzis utilizing the identical quantitative buying and selling ruse embody GICAIFCBQE and DCPTG.

Together with edX AI, BehindMLM has up to now documented over 100 “click on a button” app Ponzis. Most of them final just a few weeks to a couple months earlier than collapsing.

“Click on a button” app Ponzis disappear by disabling each their web sites and app. This tends to occur with out discover, leaving nearly all of traders with a loss (inevitable Ponzi math).

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