Let’s Yarn provides no credible information on its website about who owns or runs the company.

In place of actual company ownership information, Let’s Yarn provides corporate information for Etsy. This information is copied from Etsy’s Wikipedia entry.

Let’s Yarn’s website domain (“letsyarn.com”), was first registered in 2019.

The registration was last updated with bogus details on March 15th, 2022. I believe this is when the current owner(s) took possession of the domain.

if we take a look at Let’s Yarn’s website source-code, we can see localization is set to Chinese:

This strongly suggests whoever is running Let’s Yarn has ties to China.

SimilarWeb ranks top sources of traffic to Let’s Yarn’s website as Switzerland (75%), Russia (6%) and Belarus (5%).

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.

Let’s Yarn’s Products

Let’s Yarn has no retailable products or services.

Affiliates are only able to market Let’s Yarn affiliate membership itself.

Let’s Yarn’s Compensation Plan

Let’s Yarn affiliates invest tether on the promise of daily returns.

To qualify for daily returns, Let’s Yarn affiliates must log in to the company’s app and click a button. The more a Let’s Earn affiliate invests, the more times they need to click the button each day.

Recruitment is also required for larger investment amounts:

invest 1 to 499 USDT and receive 0.26 USDT per button clicked (max 50 button clicks a day)

invest 500 to 1999.99 USDT and receive 0.28 UDST per button clicked (max 55 button clicks a day), must also recruit five affiliates

invest 2000 to 4999.99 USDT and receive 0.30 USDT per button clicked (max 60 button clicks a day), must also recruit ten affiliates

invest 5000 to 9999.99 USDT and receive 0.32 USDT per button clicked (max 70 button clicks a day), must also recruit eighteen affiliates

The MLM side of Let’s Yarn pays on recruitment of affiliate investors.

Referral Commissions

Let’s Yarn pays referral commissions on USDT invested by affiliates.

Referral commissions are paid down three levels of recruitment (unilevel):

level 1 (personally recruited affiliates) – 16%

level 2 – 8%

level 3 – 4%

New User Bonus

The New User Bonus rewards affiliates with an additional percentage on personal recruitment:

recruit an affiliate who invests 30 USDT and receive 1.88 USDT

recruit an affiliate who invests 100 USDT and receive 3.88 USDT

recruit an affiliate who invests 500 USDT and receive 8.88 USDT

recruit an affiliate who invests 2000 USDT and receive 38.88 USDT

recruit an affiliate who invests 10,000 USDT and receive 188.88 USDT

Joining Let’s Yarn

Let’s Yarn affiliate membership is free.

Full particpation in the attached income opportunity requires investment in tether.

Let’s Yarn Conclusion

Whereas we’ve seen “click a button” app Ponzis represent they have partnerships with legitimate companies, Let’s Yarn falsely represents it

🤖 Quick Answer

What are the main red flags identified in the Let's Yarn platform?
Let's Yarn exhibits multiple concerning characteristics: absence of verifiable ownership information, use of Etsy's corporate details without authorization, domain registration updates with fraudulent data in 2022, Chinese localization in source code, and traffic predominantly from Switzerland, Russia, and Belarus—patterns consistent with potentially fraudulent operations.

When was the Let's Yarn domain originally registered?
The domain letsyarn.com was first registered in 2019, with registration details last updated on March 15th, 2022, suggesting a change in domain ownership at that time.

What does the website's source code reveal about Let's Yarn?
Analysis of Let's Yarn's website source code shows localization settings configured for Chinese language, indicating potential connections to Chinese operators managing the platform.

**How does traffic distribution to Let's Yarn's website appear

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