PoolPay$: The $80 Million Ghost Operation
A cryptocurrency scheme calling itself PoolPay$ is running a multilevel marketing operation with no identifiable owners, no actual products, and promises of daily returns that defy market reality.
The operation spans two websites—poolpays.com and poolpays.app—both registered with hidden ownership information. PoolPay$ claims it moved $80 million between its supposed pre-launch in 2023 and July 2025, despite existing for just a few months. The company defaults to Portuguese on its website, a telling clue about who sits behind the operation.
The only name attached to PoolPay$ is Thiago Malcher, who authored the company's official marketing presentation. No other leadership or ownership information is publicly available. Thiago is a common Portuguese name, but investigators found nothing connecting Malcher directly to the operation beyond that single document.
Here's how the scheme works: PoolPay$ has no actual products or services to sell. Promoters can only recruit other promoters and push memberships themselves. The real money comes from getting people to invest cryptocurrency in exchange for promised daily returns. Invest 10 USDC for one day and you're told you'll get 0.5% back. Hold it for 20 days and the company promises 0.9% daily returns. These numbers should raise immediate red flags for anyone familiar with legitimate investments.
The MLM structure stacks twenty different promoter ranks, each requiring higher cryptocurrency investments and recruitment quotas. A basic entry costs 100 USDC. To reach Rank 2, you need 200 USDT and two recruited promoters. The structure climbs from there—Rank 10 demands 1000 USDC and the maintenance of five personally recruited members. By Rank 16, you're investing 1600 USDC and required to bring in ten new promoters.
This is textbook pyramid mathematics. The compensation plan pays exclusively on recruitment, not on any legitimate business activity. Investors don't buy actual goods or services. They simply hand over money for the right to recruit others below them, each level financing the returns promised to those above.
The daily return percentages alone expose this as unsustainable. Legitimate investments don't guarantee 0.9% daily returns. That compounds to roughly 270% annual returns—a figure that would make every hedge fund manager on Wall Street obsolete overnight. No legitimate business generates those returns consistently.
Anyone considering joining should understand one hard fact: when a company hides who runs it, operates through cryptocurrency to obscure transactions, promises unrealistic daily returns, and generates income purely through recruitment rather than sales, you're looking at a fraud operation. The money flowing in doesn't come from actual business activity. It comes from new recruits. Once recruitment slows—and it always does—the whole structure collapses and the money dries up.
If you've already given PoolPay$ money, treat it as gone.
🤖 Quick Answer
What is PoolPay$ and how does it operate?PoolPay$ is an unregistered cryptocurrency multilevel marketing scheme operating through poolpays.com and poolpays.app. It promises daily investment returns, employs a recruitment-based compensation structure, lacks identifiable corporate ownership, offers no verifiable products, and claims $80 million in transaction volume despite minimal operational history since its 2023 pre-launch.
Who is associated with the leadership of PoolPay$?
The sole publicly identifiable figure linked to PoolPay$ is Thiago Malcher, credited as author of the company's official marketing presentation. No additional executives, founders, or registered corporate officers have been disclosed. The absence of transparent leadership is a documented characteristic common to multilevel marketing schemes operating in the cryptocurrency sector.
What red flags indicate PoolPay$ may be a Ponzi scheme?
📰 Aggiornamenti e Notizie Correlate
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