The Streakk Ponzi scheme has rebranded as Earn World.
Earn World has been arrange on a single-page web site on the area “earn.world”, first registered in 2017.
The non-public registration was final up to date on Could twenty fourth, 2023, which is probably going across the time Streakk acquired it.
This coincides with the collapse of Streakk’s STKK token.
Curiously, Streakk’s web site remains to be up. This nonetheless is an phantasm. The model has in any other case been deserted and all of Streakk’s social media profiles have been deleted.
Moreover if affiliate buyers log in by Streakk’s defunct web site, they’re redirected to Earn World.
As to why Streakk rebranded, it doubtless ties into France taking regulatory motion towards Streakk.
The AMF added Streakk to its funding blacklist on January ninth, 2024.
This is able to have been preceded by an inside investigation, which Streakk doubtless grew to become conscious of sooner or later. Therefore the Earn World rebranding.
Previous to rebranding as Earn World, France was a vital marketplace for Streakk. When BehindMLM reviewed Streakk in December 2022, France was the corporate’s prime supply of web site site visitors (44%). Spain (19%), Germany (10%) and Italy (5%) made up the remainder.
All through 2023, Streakk recruitment in western Europe has collapsed.
As of December 2023, SimilarWeb tracked prime sources of site visitors to Earn World’s web site as Russia (36%), Indonesia (7%), Ukraine (7%) and Germany (6%).
It ought to be famous that visits from these nations is down month on month by as much as 76% (Ukraine). As a complete, Earn World’s web site site visitors plummeted 63% between November and December 2023.
As for what Earn World affords, the MLM alternative is now hidden. There isn’t a reference to it on Earn World’s web site.
The STKK Ponzi scheme stays intact, providing buyers passive returns through the “staking” mannequin.
Earn World is believed to nonetheless be headed up by Streakk founder Sukijami Chendrawan (aka Suki Chen, proper).
Chendrawan is an Indonesian nationwide working out of Dubai. Earn World and Streakk are additionally based mostly out of Dubai, the MLM crime capital of the world.
With Earn World recruitment on the rocks, until new victims are discovered quickly it’s doubtless the Ponzi scheme will collapse.
Failing which regulators in Russia, Indonesia, Ukraine and/or Germany situation a fraud warning, prompting a second rebranding.