Quantex fails to supply possession or government info on its web site.
Quantex’s web site area (“quantex.store”), was privately registered on Could seventeenth, 2024.
Regardless of solely present for a number of weeks, on its web site Quantex falsely claims it’s been round since 2022.
Since its inception in 2022, Quantex has been relentlessly evolving, adapting to the quickly altering world of cryptocurrency and foreign exchange.
Of notice is Quantex having already attracted the eye of economic regulators. The Central Financial institution of Russia issued a a Quantex pyramid fraud warning on Could twenty seventh, 2024.
As at all times, if an MLM firm is just not brazenly upfront about who’s operating or owns it, assume lengthy and arduous about becoming a member of and/or handing over any cash.
Quantex’s Merchandise
Quantex has no retailable services or products.
Associates are solely in a position to market Quantex affiliate membership itself.
Quantex’s Compensation Plan
Quantex associates make investments USD equivalents in cryptocurrency. That is finished on the promise of marketed passive returns:
- make investments $10 to $50,000 and obtain 108% over 24 hours (paid hourly)
- make investments $10 to $50,000 and obtain 115% over 24 hours (paid on the finish of 24 hours)
- make investments $10 to $50,000 and obtain 270 on the finish of 5 days
- make investments $10 to $50,000 and obtain 2450% on the finish of 16 days
Quantex pays referral commissions on invested funds down three ranges of recruitment (unilevel):
- stage 1 (personally recruited associates) – 6%
- ranges 2 and three – 1%
Becoming a member of Quantex
Quantex affiliate membership is free.
Full participation within the hooked up earnings alternative requires a minimal $10 funding.
Quantex solicits funding in varied cryptocurrencies.
Quantex Conclusion
Quantex represents it generates exterior income by way of AI buying and selling.
Quantex brings you a cutting-edge buying and selling expertise powered by state-of-the-art synthetic intelligence.
Our proprietary AI-driven buying and selling system is engineered to make clever and well timed choices within the dynamic world of cryptocurrency and foreign exchange markets.
No proof of Quantex producing income by means of buying and selling or every other supply is supplied.
Moreover, Quantex’s enterprise mannequin fails the Ponzi logic check.
If Quantex already has an AI buying and selling bot able to legitimately producing 2450% each 16 days, what do they want your cash for?
Because it stands, the one verifiable income coming into Quantex is new funding.
Utilizing new funding to pay affiliate withdrawals would make Quantex a Ponzi scheme. As CBR has already confirmed, with no retail providing the MLM aspect of Quantex operates as a pyramid scheme.
Regardless of clearly working illegally in each nation with a regulated monetary market (securities fraud, wire fraud), Quantex falsely claims it operates legally.
Quantex operates with the utmost integrity and adheres to all authorized requirements and laws.
As with all MLM Ponzi schemes, as soon as affiliate recruitment dries up so too will new funding.
This may starve Quantex of ROI income, ultimately prompting a collapse.
The mathematics behind Ponzi schemes ensures that once they collapse, the vast majority of individuals lose cash.