The Ageeon MLM crypto buying and selling Ponzi has collapsed.
As per a communication despatched out on December sixteenth, Ageeon suggested traders that withdrawals are disabled.
The introduced ruse is that Ageeon’s “merchants” and “monetary division” are on vacation between December sixteenth and twenty fifth.
One might purchase the “merchants” ruse with the disabling of day by day returns (that alone would nonetheless represent a collapse). Ageeon’s “monetary division” happening vacation although is the place the ruse fully falls aside.
After disabling returns and withdrawals, Ageeon instantly introduced a “50% bonus” on new funding:
Clearly Ageeon doesn’t have an issue processing investor funds.
That’s as a result of there isn’t a “monetary division”. Ageeon disabled withdrawals main as much as Christmas ties into it historically being a peak withdrawal interval.
Ageeon’s funding promo alerts completion of the exit-scam is imminent on or round December twenty sixth. Withdrawals could be re enabled in some unspecified time in the future however disabling them and throwing up a brand new funding bonus is a basic Ponzi exit-scam.
Ageeon is a Dubai-based MLM crypto Ponzi run by individuals unknown. At a latest Dubai advertising and marketing occasion, Ageeon trotted out an actor enjoying CEO “Mark Watson”:
Quite a few serial fraudster promoters additionally attended the occasion.
As of November 2024, SimilarWeb was monitoring ~256,000 month-to-month visits to Ageeon’s web site.
Prime sources of Ageeon web site site visitors are Italy (39%), Vietnam (20%), the Czech Republic (9%), Germany (8%) and China (7%).
Tying in with Ageeon pretending to be based mostly out Canada, the Ontario Securities Fee issued an Ageeon fraud warning in July 2024.