Tag: MLM

Is USI Tech Another Bitcoin MLM Scam?

We have seen multiple MLM schemes trying to capitalize on Bitcoin’s momentum. Most of these sites become scams sooner or later, although some projects are seemingly legitimate. That does not mean everyone will make money from using them, however. USI Tech combines automated trading with an MLM matrix and Bitcoin to appease investors. Should You Trust USI Tech and Its Promises? When it comes to making any investment — cryptocurrency or otherwise — one …
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Ethereum Site Warning – Project Ethereum

Cryptocurrency scams are very easy to come by these days. Some projects even go as far as branding themselves as an initiative closely tied to an existing cryptocurrency. Project Ethereum, for example, is one of those projects that will raise a lot of eyebrows among Ethereum users. It does not appear any Ethereum developer has ties with this project, and the entire concept looks like a clear MLM scheme. Project …
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BitQyck MLM Scheme Launches TradeBQ Exchange

A few months ago, we came across a company called BitQyck. This project claims they issue native tokens on the Ethereum blockchain. However, it quickly became evident the entire BitQyck program is a pure MLM scheme, which could be harmful to people investing their money into it. Thanks to some comments on the site, we learned there is now an alleged BitQyck exchange, called TradeBQ. What is the Deal With …
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Beware of the Bitqyck MLM Scheme

There are quite a few bitcoin scams out there, all of which deserve to be exposed in due time. BitQyck is a company that caught our attention a few days ago, as the company shows quite a few similarities with Onecoin. It appears this is another MLM scheme with no proof of it being even closely related to cryptocurrency whatsoever. Time to take a closer look at what Bitqyck is …
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