GlobTFX, aka GTFX App, fails to supply possession or govt data on its web site.
GlobTFX’s present web site area (“globtfx.com”), was privately registered on July twenty third, 2024.
It must be famous that GlobTFX has disabled root web site entry on their area. The corporate as a substitute operates from two subdomains:
- dwelling.globtfx.com – app funnel
- h5.globtfx.com – desktop app entry
GlobTFX beforehand operated from the area “gtfxx.com”, which has since been disabled.
In an try to seem respectable, GlobTFX seems to have registered a shell firm with FinCen.
FinCen isn’t a monetary regulator. Seeing as any schmuck can register a shell firm with FinCen, doing so in and of itself is meaningless.
If we have a look at the source-code of GlobTFX’s web site, we are able to see it’s localized to Chinese language:
This means whoever is operating GlobTFX has ties to China.
As at all times, if an MLM firm isn’t brazenly upfront about who’s operating or owns it, suppose lengthy and exhausting about becoming a member of and/or handing over any cash.
GlobTFX’s Merchandise
GlobTFX has no retailable services or products.
Associates are solely capable of market GlobTFX affiliate membership itself.
GlobTFX’s Compensation Plan
GlobTFX associates make investments 30 tether (USDT) or extra on the promise of three% to 4% a day.
GlobTFX pays referral commissions on invested USDT down three ranges of recruitment (unilevel):
- stage 1 (personally recruited associates) – 10%
- stage 2 – not disclosed
- stage 3 – 5%
Becoming a member of GlobTFX
GlobTFX affiliate membership is free.
Full participation within the connected revenue alternative requires a minimal 30 USDT funding.
GlobTFX Conclusion
GlobTFX is one more “click on a button” app Ponzi scheme.
GlobTFX’s “click on a button” Ponzi ruse is quantitative buying and selling:
The introduced ruse is GlobTFX associates log in and click on a button (the extra invested the extra the button must be clicked).
Clicking the button purportedly generates income by way of quantitative buying and selling, which for some cause GlobTFX shares a share of with affiliate buyers.
If that is not sensible it’s as a result of it doesn’t. Randoms clicking a button in an app doesn’t set off quantitative buying and selling.
In actuality clicking a button inside GlobTFX’s app does nothing. All Coinplex does is recycle newly invested funds to pay earlier buyers.
GlobTFX is a part of a gaggle of “click on a button” app Ponzis which have emerged since late 2021.
Examples of already collapsed “click on a button” app Ponzis utilizing the identical quantitative buying and selling ruse embrace SDT Quant, Pitrex, and TOST.
Since 2021 BehindMLM has documented tons of of “click on a button” app Ponzis. Most of them final just a few weeks to a couple months earlier than collapsing.
“Click on a button” app Ponzis disappear by disabling each their web sites and app. This tends to occur with out discover, leaving the vast majority of buyers with a loss (inevitable Ponzi math).
Organized crime pursuits from China function rip-off factories behind “click on a button” Ponzis from south-east Asian nations.
In September 2024, the US Division of Treasury sanctioned Cambodian politician Ly Yong Phat over ties to Chinese language human trafficking rip-off factories.
By way of numerous firms he owns, Phat is alleged to shelter Chinese language scammers working out of Cambodia.
No matter which nation they function from, the identical group of Chinese language scammers are believed to be behind the “click on a button” app Ponzi plague.