QubitsCube fails to supply possession or government info on its web sites.
QubitsCube operates from two recognized web site domains “qubitscube.cc” and “m.quibitscube.com”.
Each of QubitsCube’s web site domains had been first registered in November 2023. The personal registrations had been final up to date on October thirteenth, 2024.
Over on YouTube, QubitsCube present a sequence of staged advertising movies that includes actors.
This random particular person, with a really “English just isn’t my first language” accent is introduced as QubitsCube CEO “Dominick McGrail.
McGrail doesn’t exist exterior of QubitsCube’s advertising materials, making him a chief Boris CEO candidate.
In certainly one of QubitsCube’s advertising movies we are able to see rented workplace being leased by firms with Chinese language and Japanese names:
The corporate who owns the rented workplace area seems to be “Nest”. The lessee firm names recommend QubitsCube’s Boris CEO advertising movies had been shot someplace in Asia.
The remainder of QubitsCube’s advertising movies are inventory footage with an AI robodub. That is typical of non-native English talking admins.
In an try to seem respectable, QubitsCube supplies FINCen and New York firm registration certificates.
QubitsCube LLC was purportedly registered in New York on November twenty fifth, 2023.
Because of the ease with which scammers are capable of incorporate shell firms with bogus particulars, for the aim of MLM due-diligence these certificates are meaningless.
FINCen isn’t a monetary regulator. Registration of a shell firm with FINCen is equally meaningless.
As at all times, if an MLM firm just isn’t overtly upfront about who’s operating or owns it, suppose lengthy and onerous about becoming a member of and/or handing over any cash.
QubitsCube’s Merchandise
QubitsCube has no retailable services or products.
Associates are solely capable of market QubitsCube affiliate membership itself.
QubitsCube’s Compensation Plan
QubitsCube associates make investments tether (USDT). That is executed on the promise of as much as 2% a day.
The MLM facet of QubitsCube pays on recruitment of affiliate traders.
QubitsCube Affiliate Ranks
There are 4 affiliate ranks inside QubitsCube’s compensation plan.
Together with their respective qualification standards, they’re as follows:
- Bronze – not disclosed
- Silver – not disclosed
- Gold – not disclosed
- Diamond – not disclosed
Referral Commissions
QubitsCube pays referral commissions 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 instantly beneath them (stage 1):
If any stage 1 associates recruit new associates, they’re positioned on stage 2 of the unique affiliate’s unilevel staff.
If any stage 2 associates recruit new associates, they’re positioned on stage 3 and so forth and so forth down a theoretical infinite variety of ranges.
QubitsCubs caps payable unilevel staff ranges at 4.
Referral commissions are paid as a share of USDT invested throughout these 4 ranges primarily based on rank:
- Bronze ranked associates earn 10% on stage 1 (personally recruited associates)
- Silver ranked associates earn 11% on stage 1 and 9% on stage 2
- Gold ranked associates earn 12% on stage 1, 10% on stage 2 and 4% on stage 3
- Diamond ranked associates earn 12% on stage 1, 10% on stage 2, 4% on stage 3 and 1% on stage 4
Becoming a member of QubitsCube
QubitsCube affiliate membership is free.
Full participation within the connected earnings alternative requires a minimal unknown USDT funding (usually 10 USDT or so).
QubitsCube Conclusion
QubitsCube is one more “click on a button” app Ponzi scheme.
QubitsCube’s “click on a button” Ponzi ruse is quantitative buying and selling:
Our mission is to empower traders with intelligence, safe, and environment friendly quantitative buying and selling options.
The introduced ruse is QubitsCube 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 purpose QubitsCube shares a share of with affiliate traders.
If that is unnecessary 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 QubitsCube’s app does nothing. All QubitsCube does is recycle newly invested funds to pay earlier traders.
QubitsCube 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 FlokiAI, SDT Quant and A8 Quantization.
Since 2021 BehindMLM has documented a whole lot of “click on a button” app Ponzis. Most of them final a number of weeks to some 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 traders with a loss (inevitable Ponzi math).
Whereas QubitsCube’s web site are nonetheless up and the rip-off is accepting new funding, on October twenty second the corporate knowledgeable traders withdrawals had been disabled.
QubitsCube’s acknowledged exit-scam ruse was an “emergency server improve”.
As of October thirty first, QubitsCube’s withdrawals stay disabled. The corporate has trotted out a baloney “five-stage compensation plan” to maintain stringing traders alongside.
As a part of a collapse, “click on a button” Ponzi scammers usually provoke restoration scams. This sees the scammers demand traders pay a payment to entry funds and/or re allow withdrawals.
If any funds are made withdrawals stay disabled or the scammers stop communication.
Organized crime pursuits from China function rip-off factories behind “click on a button” Ponzis from south-east Asian international locations.
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 varied 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.