Last December BehindMLM noted Traders’ shitcoin exit-scam.

Switching from weekly returns offered since it launched in September, Control Traders began paying out in CTCoin.

CTCoin is your typical Ponzi shitcoin. Control Traders created it out of thin air and it’s worth nothing outside of the company’s own business operations.

In our
December 3rd Control Traders review update
, we noted the company had disabled CTCoin withdrawals for about a month.

What we didn’t note was the launch of Control CTCoin, a stand-alone opportunity run alongside what’s left of Control Traders.

Today we explore Control CTCoin in a standalone review.

The Company

Whereas Control Traders failed to provide executive information on its website, the company now cites Christopher Taplac as its CEO.

Taplac (right) is based out of the Philippines and on Facebook goes by Christopher Dance C. Taplac.

Prior to launching Control Traders in mid 2020, Taplac was promoting House of Entrepreneurs (HOE):

In March 2020 Philippine authorities arrested Raymon Henson Jr., President and CEO of HOE.

Henson Jr. and several other HOE executives were charged with running an “investment scam”.

That same month Christopher Taplac began promoting Control Traders on Facebook:

As above, rather than disclose ownership of the company, Taplac cited himself as Contol Trader’s Chief Marketing Officer.

One thing I found odd on Control CTCoin’s website was their “Headquartes Group” photo. I couldn’t see anyone listed as an executive in the photo.

As above, with a bit of poking around I realized that was because Control CTCoin stole the image from a photography company.

Control CTCoin’s Products

Control CTCoin has no retailable products or services, with affiliates only able to market Control CTCoin affiliate membership itself.

Control CTCoin’s Compensation Plan

Control CTCoin affiliates invest $35 or more worth of bitcoin in CTCoins.

Commissions are paid when they recruit others who do the same.

Control CTCoin pays commissions via a unilevel compensation structure.

A unilevel compensation structure places an affiliate at the top of a unilevel team, with every personally recruited affiliate placed directly under them (level 1):

If any level 1 affiliates recruit new affiliates, they are placed on level 2 of the original affiliate’s unilevel team.

If any level 2 affiliates recruit new affiliates, they are placed on level 3 and so on and so forth down a theoretical infinite number of levels.

Control CTCoin caps payable unilevel team levels at five.

Commissions are paid out a percentage of funds invested into CTCoin across these five levels as follows:

level 1 (personally recruited affiliates) – 7%

level 2 – 5%

level 3 – 3%

level 4 – 2%

level 5 – 1%

Although not explicitly clarified, like Control Trade I believe Control CTCoin pays commissions in CTCoin itself.

Joining Control CTCoin

Control CTCoin affiliate membership is tied to a minimum $35 purchase of CTCoin.

Note that Contr

🤖 Quick Answer

What is Control CTCoin?
Control CTCoin is a cryptocurrency created by Control Traders, operating as a standalone investment opportunity alongside the parent company. It functions as an internal token within the company's ecosystem, with limited external market value and functionality restricted to the company's operations.

What were the circumstances surrounding CTCoin's launch?
Control Traders transitioned from weekly cash returns to CTCoin payments in December. The company subsequently disabled CTCoin withdrawals for approximately one month before launching Control CTCoin as a separate venture.

Who leads Control CTCoin?
Christopher Taplac serves as Chief Executive Officer of Control CTCoin. This represents a change from Control Traders' previous operational structure, which lacked publicly disclosed executive information.

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