Top GPT fails to provide ownership or executive information on its website.
Top GPT operates from two known website domains:
top-gpt.vip – privately registered on April 7th, 2024
top-gpt5.vip – privately registered on April 10th, 2024
In an attempt to appear legitimate, Top GPT provides an unrelated Florida company certificate for “Quantimental Investments LLC”.
The certificate is dated February 2021 and, assuming it’s not a forgery, obviously has nothing to do with Top GPT. Top GPT is barely a month old.
On the regulatory front, the Central Bank of Russia issued a
Top GPT pyramid fraud warning
on May 17th, 2024.
Of final note is Top GPT’s website “terms of use” being copied from Binance, localized in Chinese:
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.
Top GPT’s Products
Top GPT has no retailable products or services.
Affiliates are only able to market Top GPT affiliate membership itself.
Top GPT’s Compensation Plan
Top GPT affiliates invest tether (USDT). This is done on the promise of advertised passive returns:
invest 10 to 9999 USDT and receive 2.5% a day for 40 days
invest 20 to 9999 USDT and receive 3% a day for 33 days (must recruit ten affiliate investors to unlock)
invest 500 to 9999 USDT and receive 4% a day for 25 days (must recruit twenty affiliate investors to unlock)
Top GPT pays referral commissions on invested USDT down three levels of recruitment (unilevel):
level 1 (personally recruited affiliates) – 3%
level 2 – 2%
level 3 – 1%
Joining Top GPT
Top GPT affiliate membership is free.
Full participation in the attached income opportunity requires a minimum 10 USDT investment.
Top GPT Conclusion
Top GPT is yet another “click a button” app Ponzi scheme.
Top GPT’s “click a button” Ponzi ruse is quantitative trading:
TOP-Gpt platform provides you with the world’s leading one-stop quantitative trading. Through TOP-Gpt artificial intelligence trading robot, it is based on scientific data and uses big data and artificial intelligence.
The presented ruse is Top GPT affiliates log in and click a button (the more invested the more the button needs to be clicked).
Clicking the button purportedly generates revenue via quantitative trading, which for some reason Top GPT shares a percentage of with affiliate investors.
If that makes no sense it’s because it doesn’t. Randoms clicking a button in an app doesn’t trigger quantitative trading.
In reality clicking a button inside Top GPT does nothing. All Top GPT is doing is recycling newly invested funds to pay earlier investors.
Top GPT is part of a group of “click a button” app Ponzis that have emerged since late 2021.
Examples of already collapsed “click a button” app Ponzis using the same quantitative trading ruse include
GSTAIQ
,
edX AI
and
PDT Quantify
.
Including Top GPT, BehindMLM has thus far documented
over a hundred “click a button” app Ponzis
.
🤖 Quick Answer
What are the main red flags identified in Top GPT's operational structure?Top GPT exhibits multiple warning signs including absent ownership information, use of privately registered domains created in April 2024, presentation of an unrelated Florida company certificate from 2021, and plagiarized terms of service copied from Binance. The Central Bank of Russia issued a pyramid fraud warning in May 2024.
How old is Top GPT and what domains does it operate through?
Top GPT is approximately one month old as of mid-2024. It operates through two privately registered domains: top-gpt.vip registered April 7th, 2024, and top-gpt5.vip registered April 10th, 2024.
What regulatory action has been taken against Top GPT?
The Central Bank of Russia issued an official pyramid fraud warning against Top GPT on May 17th, 2024
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