Following regulatory fraud warnings from Canada and California, Ed Zimbardi has rebooted his CryptoProgram Ponzi scheme as Amsys.

Attempts to visit CryptoProgram’s now defunct website domain returns an “under maintenance” message:

I believe the switch to Amsys took place on or around June 24th.

Amsys operates from the website domain “amsys.io”, privately registered on April 13th, 2023.

A visit to Amsys’ website reveals a blank referral entry box:

Upon entering in a CryptoProgram/Amsys affiliate referral code, new recruits are presented with a signup form:

Existing CryptoProgram investors are required to log in by directly accessing a “/login” directory:

As you can see Amsys has minimal branding and no external web presence. Likely fearful of ongoing regulatory heat, Zimbardi is trying to keep the Amsys reboot as low-key as possible.

Zimbardi failed to communicate the rebranding directly to CryptoProgram investors.

A communication was made on CrpytoProgram’s now unlisted private FaceBook group, however investors who weren’t in the group were left in the dark.

Besides the name change, I believe there are no material differences between CryptoProgram and Amsys. It’s the
same Ponzi scheme
running the same illegal business model.

CryptoProgram attracted the attention of the British Columbia Securities Commission back in March:

BCSC issued a
CryptoProgram securities fraud warning
on March 2nd;

BCSC issued CryptoProgram and Ed Zimbardi a
cease trade order
on May 11th; and

California’s DFPI issued a
CryptoProgram fraud desist and refrain order
on June 28th

DFPI’s CryptoProgram fraud investigation appears to have prompted Zimbardi to rebrand.

Pending Amsys collapsing or regulators taking further action against Zimbardi, we’ll keep you posted.

Update 14th August 2023 – 
Amsys began
experiencing withdrawal delays
a few weeks into July.

🤖 Quick Answer

What is Amsys and its connection to CryptoProgram?
Amsys is a rebranded version of CryptoProgram, a Ponzi scheme formerly operated by Ed Zimbardi. Following regulatory fraud warnings from Canadian and Californian authorities, the scheme was relaunched under the new domain amsys.io in June 2023, maintaining similar operational structures including affiliate referral systems and investor login portals.

Why did CryptoProgram rebrand as Amsys?
The rebranding occurred following regulatory fraud warnings issued by Canadian and Californian authorities against CryptoProgram. The domain switch, occurring around June 24th, 2023, appears designed to evade regulatory scrutiny and maintain operations under a new identity with minimal branding and web presence.

How does Amsys operate its referral system?
Amsys operates through

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