The Turbo “foreign exchange bot” funding scheme has collapsed.
Following months of non-payment, Turbo has introduced a $10,000 “personal membership” reboot.
Turbo’s reboot sees it pull a KYC exit-scam on current traders.
Ship KYC paperwork (if you’re inviting, you may be the primary particular person accountable for checking that the particular person can verify authorized tickets).
After that, a $200 annual price is payable, plus a minimal $10,000 funding.
Who precisely Turbo’s reboot is aimed toward is unclear. Actually no one who misplaced cash within the authentic rip-off (the vast majority of traders), goes so as to add one other $10,200 to their losses.
And regardless of Turbo’s authentic bot blowing up (learn: proprietor David Merino stole everybody’s cash), Turbo is once more going with a buying and selling bot ruse.
In researching for this text I went searching for an replace on what Merino is as much as. Seems he’s busy gaslighting his victims on FaceBook:
No thought if these pictures are previous, unrelated, selective funds or what the story is – however Turbo disabled investor withdrawals again in February.
The final put up on Turbo’s official Instagram web page is dated February twenty eighth, 2023.
Naturally there’s no point out of Turbo’s KYC exit-scam or new $10,000 “personal membership” reboot on Merino’s socials.
As of Could 2023, SimilarWeb tracked simply ~3400 visits to Turbo’s web site. Contemplating Turbo pitched a ten% to 17% month-to-month ROI, one can solely surprise why visitors tanked.