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Arkbit’s website doesn’t have any good information about who owns or runs the company.

Thomas Brewer, who started Arkbit and is also its Chief Financial Officer, is said to run the company.

The US actor Mike Wolfe is really “Thomas Brewer.” Wolfe’s only work is the short film Sugardaddy, which came out in 2019.

We can rule out the possibility that Arkbit is just using a picture of Wolfe because he is in at least one marketing video:

That video was shot in Little Rock, Arkansas, in a rented office space:

Arkbit gives information about a number of other executives, all of whom are thought to be actors.

The domain name for Arkbit’s website, “arkbitcapital.com,” was registered for the first time in September 2021. The last change to the private registration was made on November 28, 2022.

Arkbit’s social media profiles were made in late 2022, which suggests that Arkbit’s owners bought the domain in late 2022.

Most Boris CEO Ponzi schemes come from countries in eastern Europe. Arkbit was not able to confirm this for me.

If an MLM company isn’t clear about who owns or runs it, you should always think twice before joining or giving them any money.

The Products of Arkbit
Arkbit has no products or services that can be sold.

Affiliates can only promote Arkbit affiliate membership.

Arkbit’s plan for getting paid
Arkbit affiliates invest USD-equivalents in cryptocurrencies with the promise of the following returns:

Beginners can invest between $50 and $4,999 and get 1.6% back every day for 120 days.
Plus, if you invest between $5,000 and $9,999, you’ll get 1.9% a day for 120 days.
Good: Invest between $10,000 and $24,999 and get 2.2% back every day for 120 days.
Supreme: Invest between $25,000 and $49,000 and get 2.5% back every day for 120 days.
Only here: put in $50,000 and get 2.5% back every day for 120 days (same as Supreme)
Elite: Spend $75,000 and get 3% back every day for 120 days.
Premium: Put away $100,000 and get 3.5% back every day for 120 days.
The best option is to invest $150,000 and get 4% a day for 120 days.
Arkbit’s MLM side makes money when affiliate investors are brought in.

Commissions for referrals
Arkbit affiliates get a 6% to 7% commission on the money invested by affiliates they brought in.

Affiliates from the Novice to the Supreme level get a 6% referral commission rate.
Affiliates who are exclusive or on a higher level get a 7% referral commission rate.
Commissions that don’t end
Arkbit uses a binary compensation structure to pay out commissions that keep coming in.

A binary compensation structure puts an affiliate at the top of a binary team, which is split into two sides (left and right):

There are two positions on the first level of the binary team. The second level of the binary team is made by splitting the first two positions into two more positions each (4 positions).

The next levels of the binary team are made as needed. Each new level has twice as many positions as the one before it.

Affiliates are hired for positions on the binary team in both direct and indirect ways. Note that a binary team can grow as deep as it wants.

At the end of every pay period, Arkbit adds up the amount of new money invested on both sides of the binary team.

Affiliates get 10% of the amount of new money invested on the side of their weaker binary team.

Once the payout has been made, the volume is matched with the stronger binary team side and the hand is flushed. Any volume left on the stronger binary team side at the end of the pay period is carried over to the next pay period.

Keep in mind that Arkbit doesn’t say what the pay period is. Most of the time, though, they are done daily, weekly, or monthly.

Signing up to be an Arkbit affiliate is free.

To fully take part in the attached income opportunity, you must invest at least $50.

Arkbit asks for Bitcoin, Ethereum, Dogecoin, and Litecoin investments.

Arkbit Bottom Line
Arkbit is just like any other Ponzi scheme run by Boris CEO.

Crypto mining has been one of the most popular Ponzi schemes over the past few years, even though it’s not used as much now that it’s mostly not profitable.

With our Smart Investment Contracts, ARKBIT lets you start cloud mining the most popular and valuable coins and make up to 400 times your investment.

Even if you believe Arkbit’s marketing trick, the business model still fails the Ponzi logic test.

Anyone who can make 4% a day isn’t going to give you free access to their system. They are quietly making that return for themselves, which adds up and makes them one of the richest people on Earth in a short time.

Arkbit’s website has the address of the rented office in Arkansas where its marketing video was shot.

Arkbit must sign up with the SEC because it is a passive investment opportunity with ties to the US.

Arkbit hasn’t told the SEC about itself. This means that Arkbit is at least breaking the law when it comes to securities.

Securities fraud is only done by MLM companies because they don’t do what they say they do.

Arkbit doesn’t mine cryptocurrency or do anything else to make money from outside sources. All they do is use the money from new investments to pay back old investors.

As with all MLM Ponzi schemes, new money will stop coming in once affiliate recruitment stops.

This will stop Arkbit from making money, which will eventually cause it to fail.

The math behind Ponzi schemes makes it clear that most people will lose money when they fail.

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