The value of the dollars has been so poorly valued, that the most obvious next step is crypto-currency! The marketplace for the usage has expanded in all of the most relevance circles of payment. Countries are changing the usage of Bitcoin as their primary source. gladiacoin, GladiaCoin 2 and RillCoin all claim to generate ROI revenue via bitcoin trading, with no evidence of trading provided. The primary difference between the two Ponzi scams is RillCoin cuts the 200% ROI period to 40 days. Some other advantages that GladiaCoin claims to offer include complete automation, which means that people literally don’t need to do anything at all for doubling their Bitcoin.
- Now, people just want to repeat the same success so they can also get such solid returns on investment.
- Countries are changing the usage of Bitcoin as their primary source.
- The primary difference between the two Ponzi scams is RillCoin cuts the 200% ROI period to 40 days.
- Follow the FTC on social media, read consumer alerts and the business blog, and sign up to get the latest FTC news and alerts.
- Plaintiff said that if defendants’ information were provided by GoDaddy, Plaintiff will dismiss GoDaddy from the lawsuit upon providing all information.
GladiaCoin is Raising the roof in Bitcoins
Recipients who receive a refund via PayPal will have 30 days to accept the payment. The bottom line is when you’re using newly invested funds to pay off existing investors, you can only pay a 200% on a very limited number of investment amounts. Not surprisingly, GladiaCoin’s recent ROI payout issues have nothing to do with cryptocurrency trading. Rather the company itself acknowledges it can’t pay because after ‘follow(ing) the work of investors, but the turnover has not recovered‘.
YUN v. GLADIACOIN.COM
Well before the initial 90 day maturity period was up for initial investment, https://turbo-tax.org/ ran into problems in late May. To the best of my knowledge, the first scheme to combine cryptocurrency with the doubler model was GladiaCoin. Affiliates sign up and invest, with a 200% ROI offered either via a set timetable or open-ended. To get started as a Gladiacoin affiliate, you will have to invest a minimum of $100. As usually, the more you invest the more money you will receive in terms of ROI.
Gladiacoin Review – The Product Line
Learn more about consumer topics at consumer.ftc.gov, or report fraud, scams, and bad business practices at ReportFraud.ftc.gov. Follow the FTC on social media, read consumer alerts and the business blog, and sign up to get the latest FTC news and alerts. As part of the settlement, the FTC will send 7,964 refunds through PayPal beginning on November 5, 2020.
Are Bitcoins really the future currency?
Now, people just want to repeat the same success so they can also get such solid returns on investment. The good news is that investing in and trading Bitcoin has become easier than ever, thanks to the internet. You can easily find a number of platform these days that are willing to cater to those who are interested in putting their money in Bitcoin. Nonetheless, caution needs to be exercised because cryptocurrency scams are also rampant and you don’t want to be a victim of one.
But, the most appealing feature of the GladiaCoin scam is that it promises to be simple to use for beginners. In order to determine this, you need to take a close look at how GladiaCoin really works. Yun claims GoDaddy offered to provide information on defendants but only if they were voluntarily dismissed from the lawsuit.