The Skainet Systems Ponzi scheme has begun delaying withdrawals.
Despite using cryptocurrency, Skainet Systems advised investors they would have to wait 48 hours for withdrawals placed on weekends.
Skainet Systems’ withdrawal delays were implemented following website issued on November 29th.
Then, following a reported 0.04% daily ROI rate, on November 30th Skainet Systems announced withdrawal delays.
The ruse behind the delays is manual checking of each withdrawal by Skainet Systems’ staff members. Comical given Skainet Systems’ Ponzi ruse is an AI trading bot.
Such to the extent Skainet Systems’ withdrawals are artificially delayed, this is of course to allow for manual rejection of larger withdrawals that might collapse the scam.
But, for obvious reasons, the scammers behind Skainet Systems can’t just come out and be honest about that.
When BehindMLM
reviewed Skainet Systems
in August 2024, SimilarWeb tracked top sources of website traffic as France, Germany and Brazil.
As of October 2024, SimilarWeb was tracking ~131,000 monthly visits to Skainet Systems’ website. Recruitment everywhere except Italy appears to have collapsed.
I can’t say for sure yet but I suspect Skainet Systems’ withdrawal delays likely coincide with a drop in website traffic across October and November.
Update 4th December 2024 –
Skainet Systems has begun prioritizing investors who’ve paid higher fees over the rest.
First you need to know, we can’t trade all 3 bots at the same time. We trade the 3 master Accounts one by one because in the action the bots need full attention and concentration of the traders.
We start always with the T-X, because over 90% of our clients use this bot, the. We go to T1000 and at last T800.
On December 3rd Skainet Systems paid out 1.03% to its highest fee paying investors, then -0.08% (not a typo) and 0.08%.
It should be noted Skainet Systems delaying withdrawals and now screwing over lower fee-paying investors coincides with the release of early investment.
Funds invested into Skainet Systems are locked for six months. Skainet Systems’ website domain was registered in April 2024.
If we assume the company launched shortly thereafter, the earliest investment amounts would have been released from late October.
Obviously can’t guarantee anything but I wouldn’t be surprised if Skainet Systems pulls the plug just before Christmas.
🤖 Quick Answer
What is Skainet Systems?Skainet Systems is identified as a Ponzi scheme that presents itself as an AI-powered cryptocurrency trading platform. It promises investors returns purportedly generated by an automated trading bot, but operates by redistributing deposited funds among participants rather than conducting legitimate trading activities.
Why has Skainet Systems begun delaying withdrawals?
Skainet Systems introduced withdrawal delays following a website update issued on November 29th and a reported reduction to a 0.04% daily ROI rate on November 30th. The platform cited manual verification of each withdrawal by staff members as the stated reason for the processing delays.
How long are Skainet Systems withdrawal delays?
Skainet Systems advised investors that withdrawals placed during weekends would require a minimum 48-hour waiting period. Despite operating with cryptocurrency, which typically enables near-instantaneous transactions, the platform imposed
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