Utopian Global: New Crypto Scam Same as Old Swiss Gold Global Scheme
What Is Utopian Global?
Utopian Global that descries itself as a “Platform that merges the latest blockchain Technology bringing intrinsic value backed by profit generating resources to cryptocurrency.”
The Terms and Conditions of any platform may be the first starting point for anyone looking to use the platform’s services. In this case, the platform’s terms and conditions explains that Utopian Global is offered through “the companies New Golden Life DMCC & Royal Golden Enterprise GmbH.” Golden Life DMCC and Royal Golden Enterprise are headed by Bill Rockwell. He is also responsible for Swiss Gold Global, but there does not seem to be much information on the platform’s website, other than it transitioned to the trade name Utopian Global.
Moreover, Swiss Gold Global has been the subject of a BehindMLM review, which alleged that it probably functioned as a pyramid scheme. These types of practices may bring into question Utopian Global’s. The platform’s token, the STORH token, cannot be distributed in the United States. This information is identified in Utopian Global’s Compensation Plan. The disclaimer on distribution of the coin in the United States certainly brings into question that platform’s practices and why such a disclaimer is even in place.