KKBT has folded.
An app-based Ponzi scheme is the most recent in an extended line of scams believed to have originated in Asia. KKBT was a “click on a button” activity Ponzi scheme that I did not get round to reviewing.
KKBT operated on the premise of two distinct web names, one for every nation in query.
Privately registered on January twelfth, 2022, the area “kkbt-za.com” focused South Africa.
The area “kkbt.in,” which was registered privately on January twelfth, was used to assault India.
Each web sites have been linked to cell apps, every tailored to the foreign money and language of the nation through which they have been hosted. There seems to be no real interest in the Indian model of KKBT.
Bitcoin mining was the entrance for KKBT’s “click on a button” ploy. To be able to create mining income, a button needed to be clicked every day for every funding.
KKBT’s “web site offline” exit fraud just a few days in the past proved that this was all a hoax.
There have been a slew of “click on a button” activity app Ponzi schemes arising in current months. I’ve seen just a few tell-tale indications of those clone apps: The final title of the individual or factor consists of a random string of letters, typically with just a few numbers tacked on. It received going.
Initially, it was a worldwide subject, but it surely now seems to be to be regionalized based mostly on fee processors and languages. Earlier locals was the face of earlier incarnations; these days, it is only a login kind webpage.
A lot of “VIP” funding choices can be found.
To be eligible for a refund, you usually should click on a button day-after-day (not all the time). Solicitation buttons within the form of squares.
There could also be a localized fee processor various for individuals who need to put money into cryptocurrencies. Even though this record is not full, the scammers’ consciousness will finally catch as much as them.
We’ve documented a lot of “click on a button” app-based Ponzi schemes, together with:
Makes an attempt to extend commerce exercise by pretending that associates clicked a button failed in Could 2022.
Gross sales may be generated by simply clicking on one in all DF Finance’s buttons.
The day by day work element is disabled in EthTRX, which is an analogous app-based Ponzi scheme.
Pretending that hitting a button produces buying and selling exercise, Yu Klik is geared toward Indonesia.
Colombia is the main target of EasyTask 888, a web site that purports to earn income by having customers do duties much like these discovered on YouTube.
Click on-a-button software program The origin of all Ponzi schemes could also be traced to Asia. However how are they getting individuals to come back ahead and arrange the various Ponzi schemes of their respective locales?
Scams like this have gotten more and more prevalent. I am positive there are a pair extra on my evaluation to-do record.
Updates will observe after they happen.