FuturoCoin Exit Scam Reported to Take Over Failing Crypto MLM FutureAdPro
FutureAdPro hit the two-year mark, longer than most Ponzi MLM scams operate. But there was nothing that could keep them alive with payments sent out higher than what they brought in. The company was known for making payments of $60 while only charging some $50 for new members to sign up. It’s impossible to sustain a business model that anyone could tell you doesn’t work.
And now, after two years of taking money the company is failing, so they’ve announced to start something new. While withdrawing all their BTC, ETH, and other Altcoins, the company is doing something ‘special.’ They are now changing the name of the company to FuturoCoin, like their previous business.
Their ICO launched with a high token value of $18 since then they’ve dumped everything dropping the value of the token down to $7.70. They are making payments to users in the form of the fake tokens, offering no payouts in real fiat money to the people who poorly invested into the fraudulent company. To make it clear, the company pays out no money to their active affiliated, instead the pay out in the altcoin which holds no real value of any type. They’ve also made changes to the company infrastructure and compensation plan, which of course favors the company.
Each of the three associated coins, FutureNet, FuturoCoin and FutureAdPro are likely to be scams fraudulent.
Have you had any experience with any of these companies? If so, leave your comments on how things went for you are still going in the comment section below in an attempt to help further warn people who are considering investing in them.