Wealthy Kropto, which typically refers to itself as “Wealthy Crypto”, fails to supply possession or govt data on its web site.
Wealthy Kropto’s web site area (“richkropto.professional”), was privately registered on July sixth, 2024.
Wealthy Kropto has already attracted the eye of economic regulators. The Central Financial institution of Russia issued a Wealthy Kropto pyramid fraud warning on July twenty fourth, 2024.
In an try to look respectable, Wealthy Crpypto offers faux UK incorporation particulars for “Wealthy Kropto Funding”.
The offered particulars correspond with Bremby LTD, a UK firm that was dissolved in June 2023.
Additionally be aware that regardless of solely current for a month, Wealthy Kropto falsely claims it has been in operation for slightly below two years.
As at all times, if an MLM firm is just not brazenly upfront about who’s operating or owns it, assume lengthy and laborious about becoming a member of and/or handing over any cash.
Wealthy Kropto’s Merchandise
Wealthy Kropto has no retailable services or products.
Associates are solely in a position to market Wealthy Kropto affiliate membership itself.
Wealthy Kropto’s Compensation Plan
Wealthy Kropto associates make investments USD equivalents in cryptocurrency. That is finished on the promise of marketed passive returns:
- Beginning – make investments $10 or extra and obtain 1.8% a day
- Standart [sic] – make investments $500 or extra and obtain 2.5% a day
- Premium – make investments $2000 or extra and obtain 3.3% a day
Wealthy Kropto pays referral commissions on invested cryptocurrency by way of a unilevel compensation construction.
A unilevel compensation construction locations an affiliate on the prime of a unilevel staff, with each personally recruited affiliate positioned straight underneath them (degree 1):
If any degree 1 associates recruit new associates, they’re positioned on degree 2 of the unique affiliate’s unilevel staff.
If any degree 2 associates recruit new associates, they’re positioned on degree 3 and so forth and so forth down a theoretical infinite variety of ranges.
Wealthy Kropto caps payable unilevel staff ranges at 4. Referral commissions are paid as a proportion of cryptocurrency invested throughout these 4 ranges as follows:
- degree 1 (personally recruited associates) – 7%
- degree 2 – 3%
- degree 3 – 2%
- degree 3 – 1%
Becoming a member of Wealthy Kropto
Wealthy Kropto affiliate membership is free.
Full participation within the hooked up earnings alternative requires a minimal $10 funding.
Wealthy Kropto solicits funding in varied cryptocurrencies.
Wealthy Kropto Conclusion
Wealthy Kropto represents it generates exterior ROI income by way of an AI buying and selling bot.
Wealthy Crypto staff of pros has created a novel buying and selling robotic that makes revenue at any stage of the market: rise or fall.
The robotic is just not human-related. And that’s the reason all investments are dependable and utterly protected.
No verifiable proof of Wealthy Kropto producing exterior income of any variety is offered.
Moreover Wealthy Kropto’s enterprise mannequin fails the Ponzi logic check.
If Wealthy Kropto already has an AI buying and selling bot able to legitimately producing 3.3% a day, what do they want your cash for? And why is whoever is operating Wealthy Kropto offering you entry to those returns without charge?
Because it stands, the one verifiable income coming into Wealthy Kropto is new funding. Utilizing new funding to pay ROI withdrawals would make Wealthy Kropto a Ponzi scheme.
As with all MLM Ponzi schemes, as soon as affiliate recruitment dries up so too will new funding.
It will starve Wealthy Kropto of ROI income, ultimately prompting a collapse.
The maths behind Ponzi schemes ensures that after they collapse, the vast majority of members lose cash.