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Let’s Yarn’s website has no reliable information regarding who owns or controls the firm.

Let’s Yarn gives company information for Etsy in place of genuine firm ownership information. This information was taken from the Wikipedia page on Etsy.

The domain name “letsyarn.com” for Let’s Yarn was first registered in 2019.

On March 15th, 2022, the registration was last updated using false information. This is when I believe the current owner(s) obtained control of the domain.

If we look at the source code of Let’s Yarn’s website, we can notice that localization is set to Chinese:

This implies that the person in charge of Let’s Yarn has links to China.

Switzerland (75 percent), Russia (6 percent), and Belarus are the major sources of traffic to Let’s Yarn’s website, according to SimilarWeb (5 percent ).

As always, if an MLM firm isn’t transparent about who runs or controls it, consider twice before joining and/or turning over any money.

Products from Let’s Yarn

Let’s Yarn does not sell any goods or services.

Let’s Yarn affiliate membership is the only thing affiliates can advertise.

Let’s Yarn Yarn Yarn Yarn Yarn Yarn Yarn Yarn

Affiliates of Let’s Yarn invest money with the expectation of daily rewards.

Let’s Yarn affiliates must check in to the company’s app and click a button to qualify for daily returns. The more a Let’s Earn affiliate invests, the more times each day they must click the button.

For greater investment levels, recruitment is also required:

For every button pressed, invest 1 to 499 USDT and get 0.26 USDT (max 50 button clicks a day)

Invest 500 to 1999.99 USDT and get 0.28 UDST for each button clicked (maximum 55 button clicks per day), plus five affiliates.

You must also enroll ten affiliates and invest 2000 to 4999.99 USDT to get 0.30 For SDT for each button clicked (maximum 60 button clicks per day).

Invest 5000 to 9999.99 USDT and get 0.32 USDT for each button clicked (maximum of 70 per day), plus eighteen affiliates.

Let’s Yarn’s MLM side compensates for affiliate investor recruiting.

Commissions for Referrals

On USDT invested by affiliates, Let’s Yarn provides referral commissions.

Referral commissions are paid at three levels (unilevel) of recruitment:

16 percent at level 1 (personally recruited affiliates).

8 percent at level 2

3% – 4% of the population

Bonus for New Users

The New User Bonus gives affiliates an extra 5% on personal recruiting:

Refer a friend who spends 30 USDT and gets 1.88 USDT in return.

Recruit a $100 USDT affiliate and get $3.88 USDT in return.

Recruit a 500 USDT affiliate and earn 8.88 USDT in return.

Refer a friend who invests 2000 USDT and you’ll get 38.88 USDT in return.

Refer a friend who invests $10,000 USDT and you’ll get 188.88 USDT in return.

Joining the Let’s Yarn group

Affiliate membership with Let’s Yarn is completely free.

Investment in tether is required to fully participate in the associated income potential.

Let’s Yarn the End

Let’s Yarn fraudulently claims to be Etsy, although other “click a button” software Ponzis claim to have ties with actual firms.

I don’t believe I need to explain why that is absurd.

Let’s Yarn’s Ponzi’s “click a button” scam is that clicking a button produces Etsy orders. This, in turn, leads to revenue that may be used to pay returns.

Of course, this is nonsense. Let’s Yarn is just recycling invested monies to pay returns.

Let’s Yarn is one of a slew of “click a button” software Ponzis that have shown up in recent months.

So far, BehindMLM has compiled the following information:

COTP – ostensibly produced trading activity by affiliates pressing a button – failed in May 2022.

EthTRX is a Ponzi based on an app, but without the daily task component.

Yu Klik – feigns trading activity by clicking a button, with an emphasis on Indonesia.

KKBT – purported to earn crypto mining money by hitting a button, targeting South Africa and India, and crashed in early June 2022.

Easy task 888 – targets Colombia and suggests that clicking a button is linked to social media manipulation (YouTube likes).

PDF Finance – claimed to click a button to produce “buy data” that was sold to eCommerce sites, but it went bankrupt in June 2022.

Shared989 – claimed that clicking a button was linked to social media manipulation (YouTube likes, for example), but it was shut off in June 2022.

86FB – claimed that pressing a button was linked to betting on the outcome of football matches, but it was shut down in April 2022.

0W886 – claimed that hitting a button was linked to betting on the outcome of football matches, but it was shut down in May 2022.

U91 – crashed in May 2022 after claiming that hitting a button was linked to betting on football match results.

365Ball — makes it appear as though pressing a button is linked to betting on the outcome of a football match (has collapsed multiple already)

LLC Football – claims that pressing a button is linked to betting on the outcome of a football match.

Parkour – assumes that pressing a button has something to do with social media manipulation (YouTube likes, etc.)

OTCAI, which promised that affiliates pressing a button would stimulate trading activity, went bankrupt in May 2022.

N9 Football – a website that suggested affiliates were betting on football match results by pressing a button – went bankrupt in May 2022.

Tron.BI – ostensibly links affiliates clicking a button to TRX cloud mining

EFG Football, which suggested that affiliates hitting a button was linked to betting on the outcome of football matches, went bankrupt in May 2022.

GP Football, which suggested that affiliates hitting a button was linked to betting on the outcome of football matches, went bankrupt in May 2022.

Lucky Football, which claimed that affiliates pressing a button meant they were betting on football match results, went bankrupt in May 2022.

WT91 – feigns affiliation The act of pressing a button is linked to betting on the outcome of a football match.

Mars Football – acts as if it has affiliations The act of pressing a button is linked to betting on the outcome of a football match.

MC Football – acts as if it has affiliations The act of pressing a button is linked to betting on the outcome of a football match.

PageRank — a website that claimed affiliates clicking a button would create orders for eCommerce partners – went bankrupt in June 2022.

Zpmxcfe – makes it appear as though pressing a button is linked to social media manipulation (YouTube likes, etc.)

The fraudsters behind all of the recent app-basedtasksk Ponzis appear to be the same.

I believe the organization is based in China or Singapore, based on the usage of simplified Chinese.

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