CryptoProgram Review: Crypto trading Ponzi scheme

CryptoProgram fails to provide ownership or executive information on its website.

CryptoProgram’s website domain (“cryptoprogram.me”), was privately registered on October 28th, 2022.

Further research reveals CryptoProgram marketing videos featuring Ed Zimbardi.

Rather than just admit he’s running CryptoProgram, Zimbardi has created this backstory:

So this program has been going on offline … for decades. It’s only been private, offered to people that are in a specific network.

I’ve been part of it for quite some time and very excited about it, because it’s sustained itself for a long time. And there was no indication whatsoever, that it would be opened up to people, outside of the network.

Well, I enquired. Why did I enquire? Because I’ve been part of lots of high-risk, high reward programs that have come and gone.

I also know that the people I know behind the program, they make insane amounts of money. So it’s definitely possible to offer clients a big payout.

So I decided, to ask the people associated with this program on the back-end if they would… allow me to help them create this online program that they own. Because I wanna help people recover funds.

Zimbardi has a marketing history dating back to the early 2000s, specifically with lead generation.

In 2015
Zimbardi resigned as CEO of EZJR
.

EZJR’s primary business is to improve the sales performance of brands, products and services by way of our proprietary eCommerce platform.

Our unique methodology minimizes the cost of generating leads and then maximizes the conversion of those leads into customers.

Between June 2015 and 2017 Zimbardi pitched himself as a marketing coach. In mid to late 2017, Zimbardi joined forex-themed MLM
iMarketsLive
.

In late 2018 the CFTC
fined iMarketsLive $150,000 for committing commodities fraud
. iMarketsLive quickly changed their name to
IM Mastery Academy
after the fine.

Zimbardi stopped promoting iMarketsLive on or around August 2018. After which he appears to have
gotten into securities fraud and Ponzi schemes
.

By his own admission, Zimbardi has “been part of lots of high-risk, high reward” scams.

Some of them offered tremendous rewards. Like doubling your account in twenty-two days. 3% per day, y’know five days a week. Just insane amounts.

I’ve lost a lot of money and some of the people that have followed me have lost a lot of money too.

This brings us to the launch of CryptoProgram in late 2022.

Of note is SimilarWeb currently tracking top sources of traffic to CryptoProgram’s website as the UAE (56%) and the US (36%).

Zimbardi’s social media profiles place him in the US state of Georgia. A high amount of CryptoProgram traffic from the UAE suggests Zimbardi has a partner or partners in Dubai.

Dubai is the
MLM crime capital of the world
. BehindMLM’s guidelines for Dubai are:

If someone lives in Dubai and approaches you about an MLM opportunity, they’re trying to scam you.

If an MLM company is based out of or represents it has

🤖 Quick Answer

What is CryptoProgram and who operates it?

What red flags indicate CryptoProgram may be a Ponzi scheme?
The platform lacks transparent ownership and executive information. Zimbardi claims the program operated privately for decades before going public, a common tactic used to establish false credibility in investment fraud schemes.

Why is the private domain registration significant?
The domain's recent private registration in 2022 contradicts claims of decades-long operation, suggesting deliberate anonymity and potential fraudulent intent to avoid regulatory scrutiny and accountability.

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