Around ten hours ago the ArbiStar Ponzi scheme collapsed.

Appearing in a YouTube video, a plump Santi Fuentes dangled the prospect of refunds to Arbistar victims.

ArbiStar
was a run-of-the-mill MLM crypto trading Ponzi run by a serial-scammer.

Its collapse shouldn’t come as a surprise to anyone.

Rather than admit he was running a Ponzi scheme and, other than what he personally stole, the money is gone, Santi Fuentes intends to pull a long sixteen month con.

Appearing in a video on the official ArbiStar YouTube channel on September 14th, Fuentes fed victims the following exit-scam:

The CEO Santi Fuentes explains the reason for the Closure of the Community and how the payments will be, a review of the Corporation’s companies and the temporary privatizing of the Arbistar Club.

The payments will be made in the following manner: first those who did not recover the contribution from their account will be paid.

Next will be those who have earned money on their accounts, received more on their return than the contribution they initially contributed.

There will be more than 2000 monthly payments, which is expected to be collected in 16 months but in reality will be much faster.

Ponzi schemes are a zero-sum equation and Fuentes can’t pay out more than has been invested.

The money ArbiStar scammers have been withdrawing for over a year and a half is gone. That creates a deficit, which is why ArbiStar has collapsed.

Standard Ponzi math.

What the “refunds” exit-scam model is used for is silencing victims for as long as possible. This is done in the hope an admin, Santi Fuentes in this instance, can make a clean escape with the money they’ve stolen.

Hence ArbiStar’s sixteen month long refund carrot, which is plenty of time for Fuentes to abscond.

Fuentes ran ArbiStar from Spain. His current whereabouts are unknown.

If Alexa’s traffic estimates are anything to go by, ArbiStar’s victims will primarily be from Mexico, Colombia and Argentina.

To date Spanish authorities have failed to take action against ArbiStar or Fuentes.

Update 23rd October 2020 –
Spanish authorities have
arrested Santi Fuentes
.

🤖 Quick Answer

What was ArbiStar and why did it collapse?
ArbiStar was a multilevel marketing cryptocurrency trading Ponzi scheme operated by serial scammer Santi Fuentes. The scheme collapsed approximately ten hours before September 14th, when Fuentes announced closure through a YouTube video, claiming refunds would be processed despite the funds being depleted.

How did ArbiStar attempt to manage its collapse?
Rather than acknowledging the Ponzi structure, Fuentes announced a prolonged sixteen-month exit strategy involving temporary privatization of the ArbiStar Club and corporate reviews. This approach allowed continued control over victim communications while distributing minimal refunds.

What characterized ArbiStar's operational structure?
ArbiStar operated as a cryptocurrency trading platform utilizing multilevel marketing mechanisms. Participants were promised returns through algorithmic trading, while the structure depended on continuous recruitment of new members to sustain

🔗 Related Articles

- CapitaLogic Review: Frederick Mann still scamming in 2025
- Massive Liyeplimal securities fraud lawsuit filed in US
- ImpulsX Review: EurekaCoin crypto Ponzi reboot
- TrustBet Review: Merobit Ponzi scammers try again
- Lifestyle Marketing Group Review 2.0: Matrix points pyramid