Whoever nonetheless has management of the collapsed Freeway Ponzi scheme is seeking to reboot as ThriveFi.
In direction of the tip of August Freeway’s web site was up to date with a discover advising a “new Freeway web site (is) coming quickly”:
In a corresponding Medium submit, Freeway trots out baloney a couple of “Cayman Islands petition” and “skilled and danger analyst”.
Under that waffle is the actual replace;
Introducing ThriveFi: New Freeway
As a part of the proposed restructuring plan Freeway would search to proceed to function the Freeway model and platform by way of a brand new entity, ThriveFi, a proposed Cayman Islands exempt firm.
Freeway Operations Inc is proposed to be positioned by way of an analogous restructuring course of within the Seychelles.
A brand new Ponzi, run by way of new shell corporations in the identical hidey-hole jurisdictions.
ThriveFi is proposed to take over the possession and operations associated to the Freeway model and thru its work will execute the restoration of the Freeway model, aka “new Freeway.”
FWT token bagholders had been suggested their monopoly cash staking rewards can be disabled as of August twenty sixth.
Presumably ThriveFi can even have a brand new Ponzi token, which FWT might be transformed into. Can’t affirm although till we’ve seen ThriveFi’s enterprise mannequin.
Freeway started as Aubit in 2017. It was rebooted into the MLM crypto Ponzi scheme BehindMLM reviewed in late 2021.
Heading up Aubit as an MLM crypto Ponzi scheme had been Mark Kearns, Saidi Hutton and Graham Doggart.
In early 2022 Aubit rebranded as Freeway, earlier than occurring to break down once more just a few months later in October.
As a part of Freeway’s collapse, Kearns, Hutton and Doggart cashed out and went into hiding.