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The GSPartner Ponzi tokens (G999 and LYS) are failing.

GSPartners has created GEUR to provide the impression to affiliates that they haven’t generally lost money.

For GSPartners, G999 is the first and still the best Ponzi currency. Credulous investors were led to think that by purchasing G999 investment packages from GSPartners, they would become billionaires overnight.

The current plan is as follows:

When it became clear that G999 was a Ponzi shitcoin that was going nowhere, GSPartners attempted to establish even more shitcoins. After several rough patches with thwarted Dubai real estate scams, GSPartners landed on an NFT rip-off they named Lydian World.

There are two tokens associated with Lydian World: LYS and XLT, albeit the latter is rarely mentioned.

Anyway, here’s the current state of Lydian World:

After realizing no one was interested in their NFT “game” Ponzi scam, GSPartners attempted a “metaverse certificates” fraud.

GSPartners’ metaverse certifications technique unexpectedly has nothing to do with the metaverse.

The metaverse certificates scam is a straightforward Ponzi scheme, in which affiliates of GSPartners pay a fee before investing up to 700,000 USDT with the promise of a 480% yearly ROI (click to enlarge).

US-based CEO Michael Dalcoe gave the following description of GSPartners’ metaverse certificates at a webinar aimed at US investors held a few days ago:

We invest in the blockchain and have our trading partner invest the money on our behalf, generating returns of 72% per year, on average.

Certainly, I did not have a stammer. Approximately 72% annually, sometimes even higher. Even if I tried, I wouldn’t be able to offer you accurate figures. This means that in a year, your money will have increased by a factor of two.

To be very frank, your funds will effectively double every seven months.

The USDT equivalent of a Metaverse certificate’s sale price is non-withdrawable.

Instead of spending USDT on other things, GSPartners partners have to mine LYS tokens, which may be traded for LYS at a later date.

The issue is as follows:

GSPartners has created GEUR as a solution to the collapsing Ponzi scam.

In GSPartners, GEUR is said to be equivalent to the euro, although this is not the case.

When a GSPartners affiliate receives metaverse certificate ROI in GEUR, they must use the GSPartners back office to convert GEUR to USDT.

One can withdraw up to 5000 GEUR in a single transaction, with GSPartners deducting 2.5% of the total.

For GSPartners, Steven London Morris of California represents Dalcoe’s downline and presented the GEUR webinar.

If you’re curious about the source of GSPartners’ withdrawal funds and why they’re disbursing them now, you can go no farther than the company’s most current website analytics.

Over the past 12 months, GSPartners has actively sought out new investors in the United States. Those investors want to cash out, and GSPartners has been helpless as LYS has fallen and its attempts to wash trade pump G999 have flopped.

The above data from SimilarWeb shows that GSPartners has extended to three new countries: Cuba, South Africa (where it is really making a comeback after previously collapsing) and Switzerland.

The introduction of GSPartners’ metaverse certificates investment plan is timed to coincide with this influx of capital.

On the other hand, the preceding data also shows that the total number of visitors to GSPartners’ website has been rather stable over time. No progress has been made.

GSPartners is only delaying the inevitable arrival of exponentially expanding ROI obligations until such time as it can ramp up its recruitment of new victims at an unprecedented rate.

To keep people’s money in an infinite loop of worthless tokens is bad enough. Creating a financial black hole that will drain invested monies is the result of representing something as being tied to real money and allowing investors to cash out that real money.

Despite marketing claims to the contrary, GEUR is not tied to the euro but rather to the amount of USDT that GSPartners is ready to play out of their invested capital.

Of course, Michael Dalcoe is aware of this, and so he uses the fact to discourage withdrawals on behalf of GSPartners corporate by saying that “poor and middle-class individuals do” such things.

Watch for GEUR withdrawal issues over the next 6-9 months when GSPartners’ eventual USDT crisis reveals itself.

GSPartners, its owner Josip Heit, Michael Dalcoe, and Steven London Morris have all failed to register with the SEC as required by US securities legislation.

Supposedly, BDSwiss generates the external money needed to pay for metaverse certificates through FX trading.

Neither GSPartners nor BDSwiss are registered with the CFTC, which is a violation of the Commodities Exchange Act.

In no jurisdiction are GSPartners or its backers authorized to provide securities.

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