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Full Velocity does not mention who owns or operates the firm on its website.

On December 31st, 2021, Full Velocity’s website domain (“full velocity.trade”) was privately registered.

James Ward appears as the CEO of Full Velocity in marketing videos:

In 2010, he also was the CEO of LGN Prosperity.

LGN Prosperity sold travel vouchers, with each voucher earning a spot in a matrix 22 cycler.

LGN Prosperity transformed into LGN International in mid-2011 after months of not paying affiliates.

Ward took over as CEO and co-founder of iBizWave in early 2014 after LGN International folded in mid to late 2013.

Ward returned to the travel MLM market in 2015 with the introduction of 2SL Start Living.

Ward launched Pangea in 2016 after 2SL Start Living was short-lived.

Pangea’s first business concept was a matrix cycler cloaked as travel.

Pangea has disintegrated by early 2017. Ward relaunched Pangea with a revised compensation scheme.

The only real change was that the cycler had been increased to three layers; therefore, Pangea 2.0 didn’t survive long either.

Ward reappeared in late 2019 with Sports Trading BTC, a cryptocurrency Ponzi scam.

By December 2019, Sports Trading BTC had failed, causing Ward to relaunch the plan as Global Credits Network.

According to Alexa’s website traffic records, Global Credits Network went out of business in or around April 2020.

Ward launched Lion’s Share, his first smart-contract Ponzi scam, in late June 2020.

Ward launched Apex Financial in April 2021 after Lion’s Share went bankrupt in early 2021.

Hitesh Juneja and Jason Rose founded apex Financial as a joint company. Affiliates were encouraged to invest in AFT tokens in exchange for daily payments of up to 0.85 % for 360 days.

The Apex Financial website is still operational. However, Alexa traffic predictions for its website show a drop in late 2021.

In the middle of 2021, there appears to have been an effort to revive Lion’s Share as “Lion’s Share Velocity.” Whatever it was, it flopped so quickly that we didn’t notice.

In any case, all of this leads us to the debut of Full Velocity last month.

Stay tuned for a comprehensive assessment of Full Velocity’s MLM offer.

The Products of Full Velocity

Full Velocity offers no retailable items or services.

Affiliates can only promote the Full Velocity affiliate membership.

Compensation Plan 

Full Velocity offers weekly passive returns ranging from 0.21 % to 5.4 %.

The “FV Bot” is said to be the source of the returns. Full Velocity sells access to FV Bot, a passive bitcoin trading bot.

Weekly subscription costs are calculated at 30% of returns paid out by Full Velocity.

The FV Bot requires a minimum investment of $200.

All compensation transactions are conducted in tether (USDT).

Full Velocity’s MLM side is based on weekly membership fees paid by recruited affiliates.

Velocity Affiliate Ranks

Within Full Velocity’s pay model, there are six affiliate ranks.

They are as follows, along with their respective qualification criteria:

  • Gear 1 – Find one affiliate;
  • Gear 2 – Enlist three affiliates;
  • Gear 3 – Enlist five affiliates;
  • Gear 4- Recruit seven affiliates;
  • Gear 5- Recruit ten associates.

Residual Commissions are commissions paid out regularly.

The affiliate is positioned at the top of a uni-level team, and every individually recruited member is placed right underneath them, which is how Full Velocity pays residual commissions.

Full Velocity’s residual commissions are paid out as follows:

  • Affiliates with a Gear 1 ranking earn 25% on level 1 (personally recruited affiliates) and 10% on levels 2 and 3;
  • Affiliates with a Gear 2 ranking receive 25% on level 1, 10% on levels 2 to 5, and 5% on level 6;
  • Affiliates in the Gear 3 tier earn 25% on level 1, 10% on levels 2 to 5, 5% on levels 6 and 7, and 2.5 percent on levels 8 and 9;
  • Affiliates with a Gear 4 ranking receive 25% on level 1, 10% on levels 2 to 5, 5% on levels 6 and 7, 2.5 % on levels 8 to 14, and 1.25 % on level 15;
  • Affiliates with a full Velocity ranking receive 25% on level 1, 10% on levels 2 to 5, 5% on levels 6 and 7, 2.5 % on levels 8 to 14, and 1.25 % on levels 15 to 20.

There is a charge to join Full Velocity affiliate membership.

To keep earning, you must pay ongoing membership costs, which are computed as 30% of weekly earned profits.

Conclusion 

Full Velocity’s strategy of joining up anyone for free and then taking a cut of the earnings is an intriguing one.

Regulative non-compliance relating to securities fraud, however, remains unaffected.

According to Full Velocity, the FV Bot is a hedged trading technique that takes long and short bets at the same time to produce a natural hedge.

This is not a conventional “dollar cost averaging” bot that repurchases positions regularly and then gets locked in trades for weeks.

Due to Full Velocity’s failure to submit audited financial reports, this can be seen as a violation of the Federal Trade Commission Act.

Furthermore, accepting James Ward’s comments about trade at face value creates more concerns.

Ward states that in January 2022, FT Bot generated 15.1 %.

Why would you give out free access to a trading bot capable of making 15% a month (Ward claims FT Bot has been running since March 2021)?

Someone with a 15% trading bot would really operate it themselves in the background. In a few years, compound, and you’ll be the richest person on the globe!

All of this requires that you believe James Ward’s assertions about trading revenue at face value, which you should not.

Weekly returns dating back to March 2021 are said to be “confirmed third-party data” on Full Velocity’s website.

Where can I find this information? Why hasn’t it been registered with the Securities and Exchange Commission?

Regardless of how they’re earned, MLM organizations that offer passive profits are selling stocks.

By law, securities offers must be registered with the Securities and Exchange Commission (SEC).

According to the Edgar database, full Velocity and James Ward are not registered with the SEC.

According to Ward, full Velocity and its FT Bot are completely legal. Why is the firm functioning illegally if that is the case?

When you combine this with Ward’s track record of launching scam after scam, it’s easier to see what Full Velocity is all about.

In actuality, the monies you give to Full Velocity’s bot are entirely out of your hands.

There’s nothing that can stop Full Velocity from deleting your account. Rigged trades are used to do this by blowing up the bot or inventing some other justification.

Admins exit-scammed in both cases by rigging trades in their favor.

Every “lulz can’t touch our money!” strategy leads to this point. It’s not going to finish any differently in Full Velocity.

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