Prime GPT fails to supply possession or govt data on its web site.
Prime GPT operates from two identified web site domains:
- top-gpt.vip – privately registered on April seventh, 2024
- top-gpt5.vip – privately registered on April tenth, 2024
In an try to look legit, Prime GPT gives an unrelated Florida firm certificates for “Quantimental Investments LLC”.
The certificates is dated February 2021 and, assuming it’s not a forgery, clearly has nothing to do with Prime GPT. Prime GPT is barely a month outdated.
On the regulatory entrance, the Central Financial institution of Russia issued a Prime GPT pyramid fraud warning on Might seventeenth, 2024.
Of ultimate observe is Prime GPT’s web site “phrases of use” being copied from Binance, localized in Chinese language:
As at all times, if an MLM firm just isn’t brazenly upfront about who’s working or owns it, suppose lengthy and laborious about becoming a member of and/or handing over any cash.
Prime GPT’s Merchandise
Prime GPT has no retailable services or products.
Associates are solely capable of market Prime GPT affiliate membership itself.
Prime GPT’s Compensation Plan
Prime GPT associates make investments tether (USDT). That is executed on the promise of marketed passive returns:
- make investments 10 to 9999 USDT and obtain 2.5% a day for 40 days
- make investments 20 to 9999 USDT and obtain 3% a day for 33 days (should recruit ten affiliate traders to unlock)
- make investments 500 to 9999 USDT and obtain 4% a day for 25 days (should recruit twenty affiliate traders to unlock)
Prime GPT pays referral commissions on invested USDT down three ranges of recruitment (unilevel):
- stage 1 (personally recruited associates) – 3%
- stage 2 – 2%
- stage 3 – 1%
Becoming a member of Prime GPT
Prime GPT affiliate membership is free.
Full participation within the hooked up earnings alternative requires a minimal 10 USDT funding.
Prime GPT Conclusion
Prime GPT is one more “click on a button” app Ponzi scheme.
Prime GPT’s “click on a button” Ponzi ruse is quantitative buying and selling:
TOP-Gpt platform gives you with the world’s main one-stop quantitative buying and selling. By means of TOP-Gpt synthetic intelligence buying and selling robotic, it’s primarily based on scientific knowledge and makes use of huge knowledge and synthetic intelligence.
The offered ruse is Prime GPT 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 cause Prime GPT 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 Prime GPT does nothing. All Prime GPT is doing is recycling newly invested funds to pay earlier traders.
Prime GPT is a part of a gaggle 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 embrace GSTAIQ, edX AI and PDT Quantify.
Together with Prime GPT, BehindMLM has to date 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.