GMC Elev8ed, launched as a part of the collapsed Greek Mythology Membership Ponzi, has itself collapsed.
Following widespread losses all through the week, GMC Elev8ed traders are actually reporting liquidation.
As of July 18th, 2024, GMC Elev8ed as an entire has recorded a 99.9% loss.
It ought to be famous that whereas MyFXBook stats will be simply faked, and are in fact not an alternative choice to audited monetary reviews filed with regulators, on this occasion the info appears to match up with GMC Elev8ed investor losses.
Hassle for GMC Elev8ed traders started on or round July 1st, when fairness development took a nosedive.
From there issues solely received worse, resulting in widespread liquidations reported on July 18th.
Communications between GMC Elev8ed members reveals Brendon Parker blaming “Tal”, a purported dealer.
GMC Elev8ed advertising and marketing by no means publicly named its dealer, however did declare a closely tattooed particular person would solely ever lose as much as 1.5% a day.
Shortly after Parker’s associate Zak Anstis reported he was having a gathering with Tal, traders started reporting liquidations.
Parker and Anstis (proper) launched Greek Mythology Membership in 2022. The primary iteration of the rip-off was an NFT Ponzi grift.
Earlier this 12 months Parker and Anstis launched GMC Elev8ed, promising Greek Mythology Membership victims a restoration via automated foreign currency trading.
Passive returns buying and selling schemes sometimes collapse when the bot blows up. That is sometimes a ruse via which the house owners steal investor funds.