Crazy Crypto Club provides no information about who owns or runs the business.
Crazy Crypto Club’s website domain (“crazycryptoclub.com”) was privately registered on November 7th, 2019.
As stated on Crazy Crypto Club’s website FAQ;
Where Are The Owners From?
We Are USA Residents.
This lead me to Crazy Crypto Club’s official Facebook group, of which there are four admins; Gina Cosentino, Veronica Knight, Edwin Cabrera and Paul D. Corrao.
Perusal of Gina Cosentino’s personal Facebook page reveals promotion of a number of cryptocurrency Ponzi schemes.
A visit to Veronica Knight’s Facebook page revealed promotion of a gifting scheme (literally posted 15 mins before I checked):
Edwin Cabrera voices marketing videos featured on Crazy Crypto Club’s website.
On his Facebook page Cabrera claims to be a “7 figure earner”. Earlier this month he was promoting
R Network
.
According to his YouTube channel Paul Corrao mans Crazy Crypto Club’s official support email.
Three months ago Corrao was busy promoting mail-based gifting schemes.
Read on for a full review of Crazy Crypto Club’s MLM opportunity.
Crazy Crypto Club’s Products
Crazy Crypto Club has no retailable products or services, with affiliates only able to market Crazy Crypto Club affiliate membership itself.
Once signed up, Crazy Crypto Club affiliates can purchase matrix cycler positions.
Bundled with each position purchase are ad credits, which can be used to display advertising to other Crazy Crypto Club affiliates.
Crazy Crypto Club’s Compensation Plan
Crazy Crypto Club offers participation in eleven matrix cyclers.
Matrix sizes used in Crazy Crypto Club’s cyclers are 2×2 and 2×3.
A 2×2 matrix places an affiliate at the top of a matrix with two positions directly under them:
These two positions form the first level of the matrix. The second level of the matrix is generated by splitting each of these two positions into another two positions each (4 positions).
A 2×3 matrix expands a 2×2 matrix by one more level (8 positions), for a total of 14 positions.
Positions in either matrix are filled when new and existing Crazy Crypto Club affiliates purchase positions.
When all positions in a matrix are filled, a cycle commission is paid out.
With those definitions in mind, here’s a run down of Crazy Crypto Club’s eleven matrix cycler tiers.
Matrix One
Matrix One is a ten-tier 2×3 matrix cycler in which positions cost $5.
Board One pays $10 and cycles into Board Two
Board Two pays $20 and cycles into Board Three
Board Three pays $40 and cycles into Board Four
Board Four pays $80 and cycles into Board Five
Board Five pays $160 and cycles into Board Six
Board Six pays $320 and cycles into Board Seven
Board Seven pays $640 and cycles into Board Eight
Board Eight pays $1280 and cycles into Board Nine
Board Nine pays $2560 and cycles into Board Ten
Board Ten pays $12,800
A direct referral commission is also paid when a personally recruited affiliate enters any Matrix One ti
🤖 Quick Answer
What is Crazy Crypto Club?Crazy Crypto Club is a cryptocurrency investment platform launched in November 2019 that operates as an eleven-tier bitcoin cycler scheme. The business maintains an anonymous ownership structure despite claiming USA residency, with administration handled through a private Facebook group managed by four individuals.
Who operates Crazy Crypto Club?
The platform is administered by Gina Cosentino, Veronica Knight, Edwin Cabrera, and Paul D. Corrao through its official Facebook group. Cabrera appears as a marketing representative in promotional videos, while the other administrators maintain involvement in various cryptocurrency investment schemes.
What red flags indicate fraudulent activity?
Administrative members have documented histories promoting multiple cryptocurrency Ponzi schemes and gifting schemes. The anonymous ownership structure, private domain registration, and multi-tier compensation model are characteristic of pyramid scheme operations.
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