The BitSports AI Ponzi scheme has collapsed.
In an announcement despatched out a number of hours in the past, traders have been knowledgeable withdrawals have been disabled.
For his or her exit-scam, BitSports AI went with the “we’ve been hacked!” ruse.
As per their announcement;
We remorse to tell you that our firm has fallen sufferer to a cyber assault.
For safety causes, we’ve determined to quickly droop funds till we will make sure the integrity of our methods.
We strongly suggest that you just cancel any pending withdrawal requests.
MLM Ponzi schemes routinely trot out any variety of ruses to cowl their collapse. They do that to string traders alongside whereas the admins make off with their cash.
BitSports AI’s Ponzi ruse was AI bot buying and selling. The Ponzi scheme was headed up by Colombian nationwide Hugo Rodriguez Salgado.
Whole BitSports AI sufferer numbers and their gathered losses stay unknown.
What we do know, courtesy of SimilarWeb as of September 2023, is almost all of BitSports AI traders are from the US (32%), Poland (20%) and France (7%).
Regardless of BitSports AI’s web site site visitors rising from ~227,000 to ~443,000 between August and September, site visitors from the US, Poland and France all declined.
It seems newly gullible traders in Australia and elsewhere contributed to the general enhance in web site site visitors. Mentioned traders probably make up the majority of BitSports AI losses.