CT Passive provides no information on their website about who owns or runs the business.
CT Passive’s website domain (“ctpassive.com”) was privately registered on November 14th, 2019.
In the description of YouTube hosted marketing videos featured on CT Passive’s website, the company claims to be
part Of C T Network, an Australian registered company.
This presumably corresponds to “C T Network Group PTY. LTD., an entity registered with ASIC on December 26th, 2019.
In terms of regulation ASIC registration is meaningless.
ASIC registration currently costs $36. The regulator does not verify submitted information and rarely regulates MLM related securities fraud.
At the time of publication Alexa pegs India (50%) and the US (21%) as top sources of traffic to CT Passive’s website.
It is highly likely C T Network Group is a shell company, operated by someone based out of India or the US.
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.
CT Passive’s Products
CT Passive has no retailable products or services, with affiliates only able to market CT Passive affiliate membership itself.
CT Passive affiliates invest funds to participate in the attached income opportunity.
Bundled with each investment are ad credits, which can be used to display advertising to other CT Passive affiliates.
CT Passive’s Compensation Plan
CT Passive affiliates invest $5 on the promise of an advertised 1.5% daily ROI.
Returns are paid out for 100 days, totaling 150% per $5 investment.
Note that 50% of returns must be reinvested.
Referral commissions on funds invested are paid out via a unilevel compensation structure.
A unilevel compensation structure places an affiliate at the top of a unilevel team, with every personally recruited affiliate placed directly under them (level 1):
If any level 1 affiliates recruit new affiliates, they are placed on level 2 of the original affiliate’s unilevel team.
If any level 2 affiliates recruit new affiliates, they are placed on level 3 and so on and so forth down a theoretical infinite number of levels.
CT Passive caps payable unilevel team levels at five.
Referral commissions are paid out as a percentage of funds invested across these five levels as follows:
level 1 (personally recruited affiliates) – 8%
level 2 – 4%
levels 3 to 5 – 1%
Joining CT Passive
CT Passive affiliate membership is free.
Full participation in the attached income opportunity however requires a minimum $5 investment.
Payments within CT Passive are made in bitcoin. Credit card payments are only available via a support ticket (nothing suss about that).
Conclusion
CT Passive claims to offer “100% Passive Earning … for all members”.
External funds are supposedly generated via “traders & partner programs”, however no evidence is provided.
And of course none of this has been disclosed to ASIC, or any other financial regulator.
Outside of Austral
🤖 Quick Answer
What is CT Passive and its claimed business model?CT Passive is an online investment platform claiming to offer 1.5% daily returns on Bitcoin investments. The company associates itself with CT Network Group PTY. LTD., reportedly registered with Australia's ASIC regulator. However, the platform provides minimal information about ownership and management, raising concerns about transparency and legitimacy.
How was CT Passive's domain registered?
CT Passive's website domain (ctpassive.com) was registered with private registration on November 14th, 2019. Private domain registration obscures ownership details, preventing easy identification of the operators behind the platform.
What is the significance of ASIC registration for CT Passive?
CT Passive claims association with C T Network Group PTY. LTD., registered with ASIC on December 26th, 2019. However, ASIC registration carries minimal regulatory
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