The Meme Membership Ponzi scheme has collapsed.
Affiliate traders report that withdrawals had been disabled with out warning on December 1st.
Meme Membership disabling withdrawals follows a Black Friday promotion, whereby traders acquired a 25% bonus on invested cryptocurrency.
Three days after disabling withdrawals Meme Membership launched a brand new Christmas promotion:
At time of publication Meme Membership has but to publicly deal with disabling withdrawals.
Slightly, whoever is operating Meme Membership’s social media accounts is pretending the rip-off hasn’t collapsed:
Meme Membership was a Russian Boris CEO Ponzi scheme. Amongst its promoters had been infamous serial scammers Simon Stepsys and Luigi Bruni.
Bruni seems to have a minimize a take care of Meme Membership’s proprietor(s), taking up the position of Gross sales Director.
Bruni joined Meme Membership following the collapse of the CashFX Group Ponzi scheme. Simon Stepsys has been recruiting individuals into MLM Ponzi schemes for the higher a part of a decade.
The Central Financial institution of Russia issued a Meme Membership pyramid fraud warning again in September.
Who ran Meme Membership is unclear. Advertising and marketing sensible Meme Membership was headed up by “Patrick Meier”. Meier was performed by a Russian actor, believed to be from or round St. Petersburg.
SimilarWeb tracked a 20% decline in Meme Membership web site visitors throughout September and October 2022.
High international locations making up Meme Membership’s ~72,700 October web site visits embody the US (32%), France (27%) and Mauritius (18%).
Luigi Bruni and Simon Stepsys are based mostly out of Canada and the UK respectively.
