Sky TRX fails to provide ownership or executive information on its website.

Sky TRX’s website domain (“sky-trx.com”), was registered with bogus details on September 7th, 2024.

Of note is Sky TRX’s website domain being registered through the Chinese registrar Alibaba (Singapore).

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.

Sky TRX’s Products

Sky TRX has no retailable products or services.

Affiliates are only able to market Sky TRX affiliate membership itself.

Sky TRX’s Compensation Plan

Sky TRX affiliates invest tether (USDT). This is done on the promise of advertised passive returns:

M-1 – invest 10 to 99 USDT and receive 15% a day

M-2 – invest 100 to 499 USDT and receive 18% a day

M-3 – invest 500 to 999 USDT and receive 20% a day

M-4 – invest 1000 to 4999 and receive 25% a day

M-5 – invest 5000 to 9999 USDT and receive 30% a day

M-6 – invest 10,000 to 50,000 USDT and receive 35% a day

Sky TRX pays referral commissions on invested USDT down three levels of recruitment (unilevel):

level 1 (personally recruited affiliates) – 10%

level 2 – 3%

level 3 – 2%

Joining Sky TRX

Sky TRX affiliate membership is free.

Full participation in the attached income opportunity requires a minimum 10 USDT investment.

Sky TRX Conclusion

Sky TRX is yet another “click a button” app Ponzi scheme.

Sky TRX’s “click a button” Ponzi ruse is crypto mining:

The presented ruse is Sky TRX affiliates purchase a virtual mining machine. They then log in and click a button to receive mining revenue (the more invested the more buttons have to be clicked).

Sky TRX’s cloud mining operations purportedly generate revenue, which is then shared with affiliates.

If that makes no sense it’s because it doesn’t. If Sky TRX already has crypto mining operations set up,
what do they need your money for?

In reality clicking a button in Sky TRX’s app does nothing. All Sky TRX does is recycle newly invested funds to pay earlier investors.

Sky TRX is part of a group of “click a button” app Ponzis that emerged in late 2021.

Examples of already collapsed “click a button” app Ponzis using the same cloud mining ruse include
TronCoin
,
TronSun
and
Jump Mining
.

Since 2021 BehindMLM has documented 
hundreds of “click a button” app Ponzis
. Most of them last a few weeks to a few months before collapsing.

“Click a button” app Ponzis disappear by disabling both their websites and app. This tends to happen without notice, leaving the majority of investors with a loss (inevitable Ponzi math).

Organized crime interests from China operate scam factories behind “click a button” Ponzis from south-east Asian countries.

In September 2024, the US Department of Treasury 
sanctioned Cambodian politician Ly Yong Phat
 over ties to Chinese human trafficking scam factories.

Through various companies he owns, Phat is alleged to shelter Chinese scammers operating out of Cambodia.

🤖 Quick Answer

What is Sky TRX?
Sky TRX is a cryptocurrency-based platform that offers passive investment returns in exchange for USDT deposits. It operates without disclosing ownership or executive information. Its website domain, registered in September 2024 through Alibaba (Singapore), uses anonymous registration details. The platform has been classified by independent reviewers as a Ponzi scheme.

Does Sky TRX offer any retail products or services?
Sky TRX does not provide any retailable products or services to end consumers. Its affiliates can only market and promote Sky TRX affiliate membership itself. This absence of legitimate retail offerings is a characteristic commonly associated with pyramid and Ponzi scheme structures in the MLM industry.

What returns does Sky TRX advertise to investors?
Sky TRX advertises daily passive returns on USDT investments tiered by deposit amount. The M-1 tier offers

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