Buyers who’re a part of the COTP associates program have began reporting withdrawal points.
COTP just isn’t being forthright about the truth that it has run out of funds to assist withdrawals; relatively, it’s shifting blame to congestion on the TRON community.
On the TRON community, there haven’t been any current studies of any congestion.
It’s alleged that scammers in Southeast Asia are working COTP, which is a every day return MLM crypto Ponzi scheme.
Through the previous twenty-four hours, traders have begun reporting the next difficulties, as documented by the Fb web page entitled “COTP Rip-off—Now What!?”
The delays are being created by COTP sending out purposefully invalid codes every time a withdrawal request is processed, which is inflicting the delays.
As may be seen on this web page of us, COTP traders have been knowledgeable that the on-site errors are being attributable to off-site congestion on the TRON community. This info may be discovered right here.
The issue with this justification is that for the earlier 48 hours, community congestion on the TRON blockchain has not been printed or mentioned elsewhere on the web. Moreover, in response to a evaluation that was printed right here in March, COTP is on the lookout for traders in tether (USDT). On the COTP web site, there may be not one single reference to Tron.
In response to knowledge supplied by SimilarWeb, the USA accounts for 38 p.c of all of COTP’s web site guests, adopted by Colombia (9 p.c), the UK (5 p.c), Australia (4 p.c), and Nigeria (4 p.c).
Because of the current decline within the worth of cryptocurrencies, quite a lot of multi-level advertising crypto Ponzi schemes are feeling the pinch.
Just a few days in the past, the web site for Elevate Go turned inaccessible. The cryptocurrency trade often known as Mido Finance has failed, and traders in Metafi Yielders are actually reporting withdrawal issues. present as of the fifteenth of Might, 2022
As of right this moment, “buyer care” at COTP has knowledgeable traders that the issues with SMS shall be fastened in three working days.
This gives COTP with a window of alternative until Tuesday, Might seventeenth, to both resume withdrawals or exit-scam.