Litecoin USDT fails to provide ownership or executive information on its website.
Litecoin USDT’s website domain (“litecoinusdt.vip”), was privately registered on April 16th, 2024.
Of note is Litecoin USDT’s domain being registered through the Chinese registrar Alibaba (Singapore).
As always, if an MLM company is not openly upfront about who is running or owns it, think long and hard about joining and/or handing over any money.
Litecoin USDT’s Products
Litecoin USDT has no retailable products or services.
Affiliates are only able to market Litecoin USDT affiliate membership itself.
Litecoin USDT’s Compensation Plan
Litecoin USDT affiliates invest tether (USDT).
This is done on the promise of advertised returns:
- VIP1 – invest 1 to 49 USDT and receive 15% a day
- VIP2 – invest 50 to 99 USDT and receive 16% a day
- VIP3 – invest 100 to 299 USDT and receive 17% a day
- VIP4 – invest 300 or more USDT and receive 18% a day
Litecoin USDT pays referral commissions on invested USDT down three levels of recruitment (unilevel):
- level 1 (personally recruited affiliates) – 10%
- level 2 – 2%
- level 3 – 1%
Joining Litecoin USDT
Litecoin USDT affiliate membership is free.
Full participation in the attached income opportunity requires a minimum 1 USDT investment.
Litecoin USDT Conclusion
Litecoin USDT is yet another “click a button” app Ponzi scheme.
Litecoin USDT’s “click a button” Ponzi ruse is quantitative trading:
Litecoin is an excellent digital currency quantitative trading platform. Its main feature is to provide diversified quantitative transactions and earn commissions quickly.
The presented ruse is Litecoin USDT affiliates log in and click a button (the more invested the more the button needs to be clicked).
This initiates a scripted “quantification process”:
Initiating the “quantification process” purportedly generates revenue via quantitative trading, which for some reason Litecoin USDT shares a percentage of with affiliate investors.
If that makes no sense it’s because it doesn’t. Randoms clicking a button in an app doesn’t trigger quantitative trading.
In reality clicking a button inside Litecoin USDT does nothing. All Litecoin USDT does is recycle newly invested funds to pay earlier investors.
Litecoin USDT is part of a group of “click a button” app Ponzis that have emerged since late 2021.
Examples of already collapsed “click a button” app Ponzis using the same quantitative trading ruse include DQF, OBC AI and CDC.
Including Litecoin USDT, BehindMLM has thus far documented over a hundred “click a button” app Ponzis. Most of them last a few weeks to a few months before collapsing.
“Click a button” app Ponzis disappear by disabling both their websites and app. This tends to happen without notice, leaving the majority of investors with a loss (inevitable Ponzi math).
The same group of Chinese scammers are believed to be behind the “click a button” app Ponzi plague.