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“Cryptos OTC Trading Platform” is the acronym for COTP- an MLM company in the cryptocurrency sector.

COTP’s website contains no reliable information on the company’s ownership or management.

Instead, COTP supplies stock images of fictitious executives:

Even though COTP’s CEO is “Jane Jenny,” COTP’s single marketing video has another CEO actor:

COTP, on the other hand, cannot seem to get its facts straight. “Technical Director” is how Dariush’s script reads.

To give the appearance of legitimacy, COTP supplies an MSB registration with a FINCEN certificate.

Offshore fraudsters often use fake information to apply for these types of loans. COTP has utilized a shell business establishment in the state of Colorado in this particular case.

Incorporation for Cryptos OTC Trading Platform was done under false pretenses on October 14th, 2021.

Feng Yan is referred to as the company’s owner. Unless I’m mistaken, there is no such person.

An unrelated mail forwarding service is located at the location used to incorporate COTP in Colorado and on their MSB registration (i.e. virtual address).

Any reference to FINCEN or basic incorporation has no bearing on MLM due diligence.

According to an examination of the website’s source code, COTP was built with the Chinese language in mind:

This shows that COTP is being run out of China or a neighboring nation, at the absolute least.

COTP’s website now receives traffic exclusively from the United States, according to Alexa (25 %).

On the domains “cotps.com” and “cotps.net,” COTP operates two websites.

First registered in 2019, the.COM domain belongs to COTP. After acquiring the domain name on February 8th, 2022, it was acquired by its current owner or owners.

On October 2nd, 2021, COTP’s.NET domain was registered for the first time. On February 9th, 2022, the registration was last updated using an incorrect Singapore address.

Don’t join or send over any money to an MLM firm unless they are completely transparent about who owns and runs it.

Products By COTP

COTP doesn’t offer anything for sale.

Affiliates can promote the COTP membership itself.

Compensation Plan 

A return on investment is the primary motivation for COTP affiliates to make their initial investment.

In order to receive the highest daily return, affiliates must manually invest every two hours.

Promoters may expect daily returns of between 3 % and 4 % from COTP, although no exact ROI rates are provided.

There are three recruitment tiers in which COTP pays referral commissions (uni-level):

  • The level 1 (personally recruited) affiliates have a 15% success rate
  • Level 2: 10%; 
  • Level 3: 5%, and so forth.

Joining the COTP Affiliate Program is completely free.

Investment in tether is required to take advantage of the associated income possibility fully.

The smallest amount that may be reinvested is 9 USDT. This, I suppose, is also the bare-bones start-up investment.

Summing Up

COTP is a Ponzi fraud operating out of Southeast Asia. It is a blockchain OTC and cryptocurrency trading platform.

COTP uses trading Ponzi schemes, as is the case with any other Ponzi scam.

There is a two-hour window in which affiliates may sign up, invest in bitcoin, and expect their earnings to grow.

In order for subsequent investors to benefit, returns aren’t recognized until withdrawals are made:

“By utilizing AI-driven algorithms, we’re able to match consumers with the optimal orders, resulting in a more liberating and secure trading experience for everyone”.

There is no proof that COTP is engaged in any kind of trading. Accounting records submitted to financial regulators might serve as proof in this regard.

This legal need cannot be satisfied by shell business incorporation, FINCEN certifications, back office numbers on a screen, or YouTube videos.

The Ponzi logic test shows that COTP is a sham. A trading bot capable of a 3 % to 4 % daily return on investment would be used by COTP’s owner(s).

At 3% to 4% a day compounding, even a small amount of money may grow into a sizable fortune.

Anyone with simply an internet connection is able to access the service, which is obviously irrational.

COTP is a standard MLM crypto Ponzi scheme if you throw in securities fraud and stock photo executives.

As in all MLM Ponzi schemes, the new investment will cease when the number of new affiliates declines.

This would eventually lead to COTP’s demise as a result of a lack of ROI revenue.

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