COS (aka Cosetek and CosCoin), fails to provide ownership or executive information on its website.

COS’ website domain (“cosetek.com”), was first registered in 2017. The private registration was last updated on July 22nd, 2023.

This appears to be around the time the current owner(s) took possession of the domain.

If we look at COS’ website support portal, we can see the source-code pulling Meiqia software from Baidu.

Meiqia is a Chinese software company based out of Beijing. This suggests whoever is running COS has ties to China.

As always, if an MLM company is not openly upfront about who is running or owns it, think long and hard about joining and/or handing over any money.

COS’ Products

COS has no retailable products or services.

Affiliates are only able to market COS affiliate membership itself.

COS’ Compensation Plan

COS affiliates invest tether on the promise of advertised returns:

VIP1 – invest 30 USDT to 500 USDT and receive 0.57% to 0.7% a day

VIP2 – invest 500 to 3000 USDT, recruit five affiliate investors and receive 0.56% to 0.66% a day

VIP3 – invest 3000 USDT to 10,000 USDT, recruit ten affiliate investors and receive 0.53% to 0.63% a day

VIP4 – invest 10,000 USDT to 50,000 USDT, recruit twenty affiliate investors and receive 0.54% to 0.61% a day

VIP5 – invest 30,000 to 999,999 USDT, recruit thirty affiliate investors and receive 0.53% to 0.6% a day

VIP6 – invest 50,000 to 999,999 USDT, recruit forty affiliate investors and receive 0.53% to 0.58% a day

The MLM side of COS pays on recruitment of affiliate investors.

ROI Match

COS pays a ROI Match on the daily return paid to downline affiliates.

The ROI Match is paid down three levels of recruitment (unilevel):

level 1 (personally recruited affiliates) – 21%

level 2 – 7%

level 3 – 3%

Rank Achievement Bonus

COS rewards affiliates who qualify for the VIP2 and higher investment tiers with the following one-time Rank Achievement Bonuses:

qualify for VIP2 and receive 30 USDT

qualify for VIP3 and receive 62 USDT

qualify for VIP4 and receive 172 USDT

qualify for VIP5 and receive 272 USDT

qualify for VIP6 and receive 412 USDT

Joining COS

COS affiliate membership is free.

Full participation in the attached income opportunity requires a minimum 30 USDT investment.

COS Conclusion

COS is yet another “click a button” app Ponzi scheme.

COS’ “click a button” Ponzi ruse is quantitative trading:

The presented ruse is COS affiliates log in and click a button (the more invested the more the button needs to be clicked):

Clicking the button purportedly generates revenue via quantitative trading, which for some reason COS shares a percentage with its affiliate investors.

If that makes no sense it’s because it doesn’t. Randoms clicking a button in an app doesn’t trigger quantitative trading.

In reality clicking a button inside COS does nothing. All COS is doing is recycling newly invested funds to pay earlier investors.

COS is part of a group of “click a button” app

🤖 Quick Answer

What is COS and what are its claimed business operations?
COS, also known as Cosetek and CosCoin, is presented as a quantitative trading platform. The company operates through an affiliate marketing model, claiming to offer automated trading services. However, documentation shows the company lacks transparent ownership information and retailable products beyond affiliate recruitment.

What ownership transparency issues does COS present?
COS fails to disclose ownership or executive information on its website. The domain cosetek.com was registered in 2017 with private registration updated in July 2023, suggesting recent ownership changes. This lack of transparency regarding company leadership and ownership structure raises significant concerns about legitimacy and accountability.

What evidence suggests COS has Chinese connections?
Analysis of COS' website support portal reveals source code utilizing Meiqia software, a Chinese company based in Beijing. This technical infrastructure choice indicates operational ties to China, though the company does not publicly

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