The EchoOne Ponzi scheme has collapsed.
EchoOne initiated its exit-scam on Saturday, December twenty third. The ruse of alternative was a “transition to litecoin”.
Efficient instantly, we’re making Litecoin (LTC) our new most well-liked withdrawal technique.
Because of this replace, withdrawals for this week will proceed completely on Sunday, with Litecoin as the brand new payout foreign money.
EchoOne did not pay withdrawals that Sunday, prompting one other replace on Saturday, December thirtieth.
We need to inform you that we’re shifting this week’s withdrawals to January third. This determination is rooted in our dedication to making sure you have got one of the best buying and selling outcomes doable.
As soon as once more EchoOne did not pay withdrawals on the required date. This prompted extra stalling on January third;
Tomorrow, January third, withdrawals for the earlier weekend will start at 6 PM UTC time.
The withdrawal window will stay open for a full 24 hours, guaranteeing you have got ample time to make your requests.
These withdrawals weren’t paid, prompting a ultimate replace on January 4th;
We need to lengthen our honest apologies for the delay in processing withdrawals right this moment. We perceive that well timed withdrawals are essential to you, and we’re right here to supply an evidence and assurance.
The delay was attributable to our change withdrawal taking longer than anticipated to switch funds to our withdrawal server, the platform from which you make your withdrawals.
We need to reassure you that as quickly because the funds arrive, we’ll promptly provoke the withdrawal course of.
That was eleven days in the past, with there being no additional updates since.
EchoOne’s web site stays on-line and is accepting new funding. Withdrawals nonetheless stay disabled since December twenty third.
It must be famous December twenty third is the day BehindMLM revealed its EchoOne evaluation.
EchoOne launched mid 2023 and was fronted by “Nicholas Bennett”.
It’s unclear whether or not Bennett really exists.
Based mostly on December 2023 web site site visitors evaluation from SimilarWeb, nearly all of EchoOne victims are believed to be from the US (33%), Kenya (30%), Qatar (23%) and the UK (10%).