A Telegram bot promising daily returns of up to 2.4% is making the rounds again—and the same hustler behind a failed cryptocurrency scheme nearly a decade ago appears to be in the middle of it.

NikeGold Trading Bot is an unregistered investment scheme operating through Telegram, run by people who won't identify themselves publicly. Sean Tillery, a California-based promoter, is the visible face pushing the operation stateside. The problem: Tillery has a track record. In 2015, he was peddling FuelCoin, a pyramid scheme that collapsed. He runs promotions through an entity called Wealth Builders Network Educational Services, or WBNES.

Whether Tillery actually owns NikeGold or is simply its primary pitchman remains unclear. What's certain is that he appears to be the only person with admin access to the scheme's Telegram channel.

Here's how NikeGold works. Affiliates dump cryptocurrency into one of three investment tiers: Silver (minimum $100), Gold (minimum $300,000), or Premium (minimum $500,000). In return, they're promised daily returns ranging from 0.714% to 2.4% per day for 180 days. After that, they have to reinvest to keep the cash flowing.

The real money comes from recruiting. Affiliates earn commissions on funds invested by people they sign up: 5% from direct recruits, 2% from second-level recruits, and 1% from the third level. There are no actual products or services. Investors are just buying membership and pushing the scheme to others.

The operation accepts six cryptocurrencies: bitcoin, ethereum, litecoin, dogecoin, tron, and dash. Membership costs nothing, but serious participation requires that $100 minimum investment.

This isn't new territory. Telegram-based Ponzi bots have been a recurring problem. Lara With Me shut down in 2016 after Telegram killed it. Business Bot Incubator, Robinhood Global, V-Tec, and Alpha Cash all ran between 2016 and 2017. iCenter and The Berlin Group collapsed in 2018. Minerva Trading Bot, Cryptify Trading, and Phenomenal Club followed in subsequent years. Martingale Bot popped up in July 2022. Now Tillery is trying to revive what appeared to be a dead trend.

The legal problem is straightforward. NikeGold is offering securities—investments with promised returns based on the work of others. Neither the scheme nor Tillery are registered with the SEC, according to Edgar database searches. Promoting unregistered securities violates federal law.

Anyone considering this should remember: when an investment operation won't say who's actually running it, that silence speaks volumes. Add in a promoter with a history of failed schemes, daily return promises that defy market reality, and reliance on cryptocurrency transfers that can't be reversed, and the math becomes impossible to ignore.

This isn't an investment opportunity. It's a Ponzi scheme wrapped in a Telegram bot, powered by recruitment, and backed by someone who's been through this before.

🤖 Quick Answer

What is NikeGold Trading Bot?
NikeGold Trading Bot is an unregistered investment scheme operating via Telegram that promises daily returns up to 2.4%. Run by anonymous operators, it lacks regulatory oversight and legitimate licensing. Sean Tillery, a California-based promoter with prior involvement in failed cryptocurrency schemes, serves as its visible spokesperson in the United States.

Who is Sean Tillery and what is his background?
Sean Tillery is a California-based cryptocurrency promoter associated with NikeGold Trading Bot. In 2015, he promoted FuelCoin, a pyramid scheme that subsequently collapsed. He operates promotional activities through Wealth Builders Network Educational Services (WBNES), raising concerns about repeated involvement in questionable investment schemes.

What are the red flags associated with NikeGold?
NikeGold exhibits multiple warning signs including unregistered

🔗 Related Articles

- M3ta Moguls Review: NFT metaverse grift pyramid
- Rich Net Global Review: 2.5% a day crypto Ponzi
- BidXcel Review: “Profit-sharing” done right?
- Be Review: Melius rebooted as subscription pyramid
- Swiss Gold Global Review v2.0: Securities and recruitment