The Berry trading Ponzi scheme, operating under aliases including Blueberry, Berry Trading App, Fertile Soil Global, and Berry Max, collapsed on or around May 2nd, 2023, by disabling all investor withdrawals. Affiliates had been investing cryptocurrency on promises of passive returns, logging into domains like berry.im, berry.band, and berry.tips to simulate trading by clicking buttons. This simulated activity was a façade; no actual cryptocurrency trading occurred.

Berry employed a commission structure tied to "VIP" tiers, a common characteristic of simulated trading Ponzi schemes. Bonuses were also offered, contingent on personal recruitment or the volume of funds affiliates convinced others to invest. The scheme’s collapse followed a period of aggressive promotion, including the launch of FDPT tokens and a "5+5 Promotion Plan" announced on April 19th, promising a $20 million bonus pool for referrals. Earlier, on April 18th, an announcement teased a future launch involving 4D printing and artificial intelligence.

Within 24 hours of disabling withdrawals, Berry introduced an "acquisition" exit-scam narrative on May 3rd. The platform claimed an invitation from a "globally renowned institution" to acquire Berry Exchange, citing a supposed 3.3-fold increase in platform valuation. This announcement suggested a review of asset management, equity, and circulation within Berry Exchange.

Later on May 3rd, a 100% cashback offer on new deposits was unveiled as a supposed gesture of gratitude to users. This was followed by the launch of the BRY token on May 5th, presented as the foundational token for the entire Berry ecosystem. These maneuvers are standard tactics designed to extract further funds from victims before the scheme fully implodes, leaving investors with no recourse to recover their initial investments.