Sports Trading BTC’s website provides no information on who owns or runs the company.
According to Sports Trading BTC, their “headquarters are located in BVI ( British Virgin Islands).”
Assuming that’s true, which is unlikely, BVI is a scam-friendly jurisdiction with little to no meaningful regulation.
Despite its website domain only having been privately registered in July 2019, Sprots Trading BTC fraudulently claims it ‘
has been in business since late 2016.
‘
Further research reveals a video on Sports Trading BTC’s official YouTube channel titled “STB Announcement”.
In the video James Ward identifies himself as CEO and owner of the company.
James Ward (right) first popped up on BehindMLM’s radar in 2010, as the CEO of
LGN Prosperity
.
LGN Prosperity marketed travel vouchers, with each voucher generating a position in a matrix 2×2 cycler.
Following months of affiliates not getting paid, in mid 2011 LGN Prosperity morphed into LGN International.
This name-change brought on the addition of commissions paid on travel services booked through LGN.
LGN International eventually collapsed in mid to late 2013, with Ward heading up
iBizWave
as CEO and co-founder in early 2014.
In 2015 Ward launched
2SL Start Living
, which saw him return to the travel MLM niche.
2SL Start Living was short-lived, prompting Ward to launch
Pangea
in 2016.
Pangea’s original business model was a matrix cycler hiding behind travel.
By early 2017 Pangea had collapsed. Ward
rebooted Pangea
with a new compensation plan.
The only material difference was the cycler expanded to three tiers, so it’s not surprising that Pangea 2.0 also didn’t last long.
Sports Trading BTC marks Ward’s return to the MLM industry. Like everyone else in the MLM underbelly, Ward has transitioned to cryptocurrency.
It’s worth noting that Sports Trading BTC leadership calls are hosted by Dwayne Golden, a
serial-scammer
in his own right.
Read on for a full review of Sports Trading BTC’s MLM opportunity.
Sports Trading BTC’s Products
Sports Trading BTC has no retailable products or services, with affiliates only able to market Sports Trading BTC affiliate membership itself.
Sports Trading BTC’s Compensation Plan
Sports Trading BTC affiliates invest bitcoin on the promise of an advertised 0.25% to 2% daily ROI.
Sports Trading BTC offers affiliates eight investment tiers:
ST1 – 0.01 BTC
ST2 – .025 BTC
ST3 – 0.1 BTC
ST4 – 0.5 BTC
ST5 – 1 BTC
ST6 – 2 BTC
ST7 – 3 BTC
ST8 – 5 BTC
Recruitment Commissions
Sports Trading BTC affiliates who invest at ST5 and higher tiers receive recruitment commissions.
Recruitment commissions are paid on downline investment through three levels of recruitment:
5% on level 1 (personally recruited affiliates)
3% on level 2
2% on level 3
Residual Commissions
To qualify for residual commissions, each Sports Trading BTC affiliate must recruit two investing affiliates.
Sports Trading BTC pays residual commissions via a binary compensation st
🤖 Quick Answer
# Sports Trading BTC Review: James Ward's crypto Ponzi opp
What is Sports Trading BTC's claimed headquarters location?
Sports Trading BTC claims its headquarters are located in the British Virgin Islands (BVI), a jurisdiction known for minimal financial regulation and oversight of business operations.
When was Sports Trading BTC's website domain registered?
Sports Trading BTC's website domain was privately registered in July 2019, despite the company fraudulently claiming to have been operating since late 2016.
Who is identified as CEO of Sports Trading BTC?
James Ward identifies himself as CEO and owner of Sports Trading BTC in a company announcement video posted on the official YouTube channel.
What was James Ward's previous business involvement?
James Ward previously served as CEO of LGN Prosperity, a company that marketed travel vouchers, first appearing on BehindMLM's radar in 2010.
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