Blue Electric Technology Limited, aka BETL, has collapsed.

The “click a button” app Ponzi heavily targeted Bulgarians,
reportedly resulting in thousands of investors losing millions of dollars
.

BETL’s “click a button” ruse was portable phone chargers.

To that end the scammers behind the scheme provided marketing videos featuring what appeared to be a central charger filled with rechargeable battery packs.

BETL investment tiers corresponded with these packs. The ruse was opening up BETL’s app daily and clicking buttons corresponded with recharging the packs.

Star1 – invest 80 USDT and receive 2.6 USDT a day

Star2 – invest 210 USDT and receive 7.5 USDT a day

Star3 – invest 540 USDT and receive 20 USDT a day

Star4 – invest 1200 USDT and receive 45 USDT a day

Star5 – invest 2700 USDT and receive 102 USDT a day

The more a BETL affiliate invested the more buttons they had to click each day.

Referral commissions were paid on recruited downline investment. I don’t have specifics but typically “click a button” app Ponzis pay down three levels of recruitment.

BETL’s represented rechargeable packs were rentable, purportedly generating revenue for BETL to pay out.

Devices featured in BETL marketing videos are readily available from Alibaba for a few hundred USD.

The obvious hole in BETL’s Ponzi ruse is why is there any need for consumer investors if the devices already exist? It should be noted that pretty much all “click a button” Ponzi ruses are as stupid sounding as that of BETL.

In reality all BETL did was recycle newly invested funds to pay existing investors. After a few months the scheme collapse and all of BETL’s website domains have been disabled.

BETL operated from six known website domains:

blue-electric.com – privately registered on February 17th, 2024

blueole.com – privately registered on January 8th, 2024

blue-ele.com – privately registered on January 8th, 2024

blue-elite.com – privately registered on January 8th, 2024

bluelele.com –  first registered in August 2017, private registration last updated on July 3rd, 2024 (on or around purchase date)

betl.bg – privately registered on an unknown date

Since 2021 BehindMLM has
tracked over three hundred “click a button” app Ponzis
. Even with the frequency we bust them, too many are launched to cover all of them.

“Click a button” app Ponzis tend to be run through cryptocurrency but occasionally create fake accounts with processors to offer local currency options.

Organized crime interests from China operate scam factories behind “click a button” Ponzis. The factories are typically based in south-east Asian countries.

In September 2024, the US Department of Treasury 
sanctioned Cambodian politician Ly Yong Phat
 over ties to Chinese human trafficking scam factories.

Through various companies he owns, Phat is alleged to shelter Chinese scammers operating out of Cambodia.

Regardless of which country they operate from, the same group of Chinese scammers are believed to be be

🤖 Quick Answer

What is Blue Electric Technology Limited (BETL)?
Blue Electric Technology Limited, commonly known as BETL, was a fraudulent investment scheme operating as a "click a button" app-based Ponzi scheme. It used the guise of portable phone charger rentals to solicit investments in USDT cryptocurrency, primarily targeting Bulgarian investors through tiered investment plans promising fixed daily returns.

How did the BETL Ponzi scheme operate?
BETL required participants to invest USDT across five tiers, ranging from 80 to 2,700 USDT. Investors were instructed to open the app daily and click buttons, ostensibly simulating the recharging of portable battery packs. Promised daily returns ranged from 2.6 to 45 USDT depending on the tier selected.

Who was primarily targeted by the BETL scheme?
The

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