There’s a reason the term “monopoly money” was coined to refer to money paid to Ponzi investors they don’t actually receive.

Typically these payments are represented in affiliate backoffices and often times they’re reinvested in pursuit of higher gains.

On the backend of the scam the money doesn’t exist, with reinvestment buying the admin(s) time to shuffle what money does exist elsewhere within the scheme.

Trade Coin Club
is one such Ponzi scheme launched in late 2016.

As per the company’s business model, Trade Coin Club affiliates invest bitcoin on the promise of an advertised daily ROI of up to 0.45% for up to 12 months.

Trade Coin Club claims it generates ROI revenue through cryptocurrency trading, however no evidence of trading taking place is provided.

Alexa statistics show traffic to Trade Coin Club’s website flatlined earlier this year in May.

For a Ponzis scheme this is a problem, as without new investment from constant growth ROI payment withdrawals for existing affiliates are not possible.

Over in Nigeria, the third largest source of traffic to the Trade Coin Club website according to Alexa, signs of a collapse recently surfaced.

Ibok Offiong (right) signed up as a Trade Coin Club affiliate investor on January 8th as a “Founding Member”.

Like a lot of Ponzi scammers, Offiong hedges her MLM underbelly bets and is also a
OneCoin
investor.

After being recruited into Trade Coin Club by Adaego Ononuju, an affiliate in her OneCoin downline, Offiong invested 5.05 BTC.

Offiong recruited two Trade Club Coin affiliates below her, which means she also qualified for pyramid commissions on funds invested by her downline.

In her first 90 days with the company Offiong claims she received 35 BTC through Trade Coin Club ROI payments and recruitment commissions.

This money wasn’t withdrawn however, with Offiong instead choosing to reinvest it back into the company.

In early July Offiong’s Trade Coin Club account was
abruptly suspended
.

On the 5th of July I logged into my Acc and had a total of about 7btc available for me to withdraw, but I decided to wait till the next day to do so.

So come 6th July, 2017, I tried to log into my trading account with TCC, and to my surprise I could not.

I then got a constant alert that my account was blocked, and I should contact the compliance unit of the company, which I did immediately through my email.

I also noticed an email from the company stating that my account had been suspended.

For answers Offiong turned to her upline Adaego Ononuju, who purportedly replied she was “too busy” to help.

Next Offiong attempted to contact Joff Paradise. After explaining her situation and requesting permission to call, Paradise replied “I am eating with my kids”.

Offiong attempted to set up a later time to call but didn’t hear back.

Joff Paradise is based out of Germany and on Facebook credits himself as Trade Coin Club’s Master Distributor. He’s currently in Vietnam promoting the company.

Offiong init

🤖 Quick Answer

What is Trade Coin Club and how does it operate?
Trade Coin Club is a Ponzi scheme launched in late 2016 that solicits bitcoin investments from affiliates, promising daily returns up to 0.45% for twelve months. The company claims cryptocurrency trading generates revenue, but provides no evidence of actual trading operations. Payments exist primarily as digital entries in affiliate accounts rather than real funds.

How does the "monopoly money" system work in Trade Coin Club?
Affiliate payments are credited as digital entries in backend accounts rather than real currency transfers. These fictional returns are typically reinvested to pursue higher gains. This mechanism allows administrators to manage the scheme by shuffling actual limited funds while appearing to generate returns through false accounting entries.

What is the evidence that Trade Coin Club is fraudulent?
No verifiable documentation demonstrates legitimate cryptocurrency trading activities supporting claimed returns. The absence of transparent trading records, combined with

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