A Bitcoin Investment Scheme With Hidden Owners and 198% Promises
A shadowy operation promising 198% returns on bitcoin investments in 90 days is recruiting people across the globe with virtually no transparency about who's actually running the show.
Royal Dragon Traders operates behind a veil of anonymity. The company's website reveals nothing about its ownership or management. The domain was privately registered on April 20th, 2017, keeping whoever registered it hidden from public records.
The company claims in its Terms and Conditions to be "operated by MaGABEL" from Dubai. That name leads nowhere. A search for the company yields nothing. There is a Magabel Services operating out of Belgium, but it appears unconnected to Royal Dragon Traders.
Dig deeper and you find some names. Affiliate materials name Bjorn Hauge and Gary Granello as co-founders, with Johnny Dalini listed as CEO. But there's a catch: none of this information can be independently verified.
This opacity is the first red flag. When an operation won't clearly identify who owns or operates it, people putting money in are flying blind.
Royal Dragon Traders doesn't actually sell anything. There are no products. There are no services. All affiliates can do is recruit other people and push membership itself. That's the entire business model.
The pitch centers on bitcoin. Affiliates invest varying amounts of cryptocurrency and are promised a 2.2% daily return over 90 days, totaling 198%. The entry points are tiered. Beginners invest 0.05 BTC. Starters can invest 0.1 to 0.5 BTC. Leaders go from 0.6 to 1 BTC. Experts invest between 2 and 6 BTC.
After 90 days, investors must reinvest the same amount or more to continue.
On top of the daily returns, affiliates earn 10% commission on money invested by anyone they personally recruit. But the real money, according to the compensation plan, comes through a binary structure.
To qualify, an affiliate must recruit at least two people who've invested. From there, a binary tree forms with two sides splitting and growing exponentially. Each new level doubles in size. Commissions are paid on matched investment volumes from both sides. How much you earn depends on your tier—beginners get 5%, starters 8%, leaders 10%, and experts 15%.
This structure is classic multilevel marketing. Money from new recruits funds payments to earlier ones. The operation doesn't generate income from actual business activity; it generates income from recruitment itself. That's unsustainable by definition.
The promises are impossible. Nobody generates consistent 2.2% daily returns. The crypto market doesn't work that way. Traditional investments aim for 8-10% annually. Royal Dragon Traders is claiming 198% in three months with zero explanation of how.
The hidden ownership, the absence of any real product, the binary recruitment structure, and the astronomical return promises all point to the same conclusion: this operates like a Ponzi scheme dressed up in cryptocurrency language.
🤖 Quick Answer
What is Royal Dragon Traders?Royal Dragon Traders is an investment platform claiming to offer 198% returns on bitcoin investments within 90 days. Operating since 2017 with private domain registration, the company maintains anonymity regarding ownership and management structure, listing only "MaGABEL" from Dubai as operator without verifiable business records or corporate transparency.
Why is Royal Dragon Traders considered suspicious?
The platform exhibits multiple red flags including anonymous ownership, extraordinarily high promised returns, lack of regulatory oversight, private domain registration concealing registrant identity, unverifiable claims about operating entity, and absence of legitimate business documentation or financial credentials supporting its investment operations.
What are the risks of investing with Royal Dragon Traders?
Investors face potential financial loss due to unregulated operations, unsubstantiated return promises, undisclosed ownership structures, and characteristics consistent with fraudulent schemes. The absence of regulatory
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