Quantitative trading “click a button” Ponzi


GSTAIQ fails to offer possession or government data on its web site.

Actually as I write this, GSTAIQ’s homepage is an affiliate login/join kind, or funnel to its app (which should be sideloaded).

GSTAIQ’s web site area (“gstaiq.com”), was privately registered on April twenty fifth, 2024.

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

GSTAIQ’s Merchandise

GSTAIQ has no retailable services or products.

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

GSTAIQ’s Compensation Plan

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

  • VIP1 – make investments 30 to 500 USDT and obtain 1.8% to 2.1% a day
  • VIP2 (should recruit 5 affiliate traders to unlock) – make investments 500 to 3000 USDT and obtain 2.1% to 2.5% a day

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

  • stage 1 (personally recruited associates) – 12%
  • stage 2 – 4%
  • stage 3 – 2%

Becoming a member of GSTAIQ

GSTAIQ affiliate membership is free.

Full participation within the hooked up revenue alternative requires a minimal 30 USDT funding.

GSTAIQ Conclusion

GSTAIQ is one more “click on a button” app Ponzi scheme.

GSTAIQ’s “click on a button” Ponzi ruse is quantitative buying and selling:

The offered ruse is GSTAIQ associates log in and click on a button (the extra invested the extra the button must be clicked).

Clicking the button purportedly generates income by way of quantitative buying and selling, which for some purpose GSTAIQ shares a share 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 GSTAIQ does nothing. All GSTAIQ is doing is recycling newly invested funds to pay earlier traders.

GSTAIQ 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 edX AIPDT Quantify and GICAI.

Together with GSTAIQ, BehindMLM has up to now documented over 100 “click on a button” app Ponzis. Most of them final just a few weeks to some 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.