COTP Ponzi victims are being targeted with a reload Ponzi.

COTP Safer Miner has popped up on the domain “cotp.finance”.

The domain was privately registered on May 24th, 2022. COTP Safe Miner appears to have launched on or around June 9th.

COTP Safer Miner is a simple smart-contact Ponzi scheme promising 3.3% a day.

Referral commissions are non-MLM, paying out 12% on USDT invested by personally recruited affiliates.

COTP Safer Miner is being run through a shady Telegram group.

Despite clearly targeting COTP victims, scammers running the group represent they are “not associated with the original COTP platform”.

COTP
was a “click a button” app Ponzi scheme that surfaced earlier around February.

Believed to be run by scammers operating out of Asia,
COTP collapsed in May
.

Ultimately whether COTP Safer Miner is associated with COTP or not is a moot question. Both scams are Ponzi schemes, in which the majority of participants are guaranteed to lose money.

Update 20th June 2022 – 
COTP Safe Miner has been abandoned.

The reboot Ponzi scheme has been rebooted again as
Trust Miner
.

🤖 Quick Answer

What is COTP Safe Miner?
COTP Safe Miner is a smart contract-based Ponzi scheme operating on cotp.finance, launched June 2022. It promises 3.3% daily returns and offers 12% referral commissions on USDT investments from personally recruited affiliates through a Telegram group.

How does COTP Safe Miner target victims?
The scheme specifically targets previous investors of the original COTP platform, which collapsed in May 2022. Operators claim no association with COTP despite explicitly marketing to its former users seeking recovery of losses.

What was the original COTP platform?
COTP was a "click a button" application-based Ponzi scheme that emerged in February 2022 and collapsed in May 2022. It was believed operated by scammers based in Asia and defrauded numerous investors

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