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22,767.66
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ETH / USD
1,564.10
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XRP / USD
0.39
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(-0.02)
LTC / USD
94.59
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EOS / USD
1.05
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BCH / USD
133.17
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ADA / USD
0.37
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XLM / USD
0.09
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(-0)
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8.05
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0.04
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61.21
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1.00
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BNB / USD
311.44
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2.63
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44.45
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STEEM / USD
0.19
7.32%
(-0.01)

Liberium Crypto – Scam Review

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Liberium Crypto’s website lacks information on the company’s ownership and executives.

Liberium Crypto’s marketing films, on the other hand, are cartoons.

The only way to contact the company is through a Telegram channel, which is typical of MLM schemes.

The website domain (“liberiumcrypto.com”) for Liberium Crypto was registered in December 2021. On April 12th, 2022, the private registration was last updated.

According to SimilarWeb, the majority of Liberium Crypto website traffic (62%), now originates in the United States. Cuba and Russia come in second and third, with 5% and 4%, respectively.

Further investigation finds Liberium Crypto associates citing Antione McBay as the company’s CEO.

McBay lists himself as the Chairman of Liberium Crypto on LinkedIn:

McBay has been perpetrating securities fraud for years through MLM crypto schemes.

BehindMLM first encountered McBay as the creator of CopyProTraders in April 2021.

McBay will no longer promote CopyProTraders in August 2021. By the end of the year, the firm appeared to have gone bankrupt.

CopyProTraders’ website was taken offline a few weeks ago:

Librium Crypto is a resurrected version of Antione McBay’s unsuccessful CopyProTraders scheme:

McBay, a Texas native, operates and advertises his schemes from Vietnam.

McBay also has links to Dubai, the world’s MLM crime capital.

Continue reading for a thorough examination of Liberium Crypto’s MLM prospect.

Products by Liberium Crypto
There are no retailable items or services offered by Liberium Crypto.

Affiliates can only promote the Liberium Crypto affiliate membership.

Compensation Plan for Liberium Crypto
Affiliates of Liberium Crypto acquire “trade credits,” which are used to gain passive returns via an automated crypto trading service.

Pay $189 and receive 189 credits with the Veritas Package.
Pay $379 and earn 420 credits with the Justice Package.
Pay $567 and receive 730 credits with the Peace Package.
Pay $755 and earn 1040 credits with the Liberium Package.
One purchase or sell equals one trade credit. When your trade credits are depleted, you must purchase a Liberium Crypto package.

A $79 monthly “Signal Package” membership is also available. This allows you to access an email-based signal service.

Liberium Crypto’s MLM program rewards affiliates who purchase trading credits and signal subscriptions.

Qualification for the Commission
Each Liberium Crypto affiliate must create Customer Points in order to qualify for MLM commissions.

When a personally recruited affiliate purchases a trade credit package, a Customer Point is earned. The sale of the Signal Package yields half a point.

1 Customer Point = two tiers of recruitment commissions
3 Customer Points = 20 tiers of recruitment commissions
15 Customer Points = twenty-level recruitment commissions and the Infinity Bonus
Liberium Crypto’s Customer Points are essentially affiliate ranks.

Structure of the Liberium Crypto Commission
Liberium Crypto has a one-level compensation scheme for commissions.

In a unilevel compensation system, an affiliate is put at the head of a unilevel team, with every individually recruited affiliate placed right under them (level 1):

If any level 1 affiliates acquire new affiliates, they are assigned to the original affiliate’s unilevel team at level 2.

If any level 2 affiliates recruit new affiliates, they are promoted to level 3, and so on for an unlimited number of levels.

The number of levels on which commissions are earned is mentioned in the section above under “Commission Qualification.”

Each Liberium Crypto membership and package pays a specific amount of commissions down a defined number of levels, subject to the Customer Point level qualifying conditions stated above.

Purchase of a Signal Package – $15 for level 1 (personally recruited affiliates), $7 for level 2, $5 for level 3, $3 for level 4, and $10 for level 5.
Purchase of a Veritas Package – $60 for level 1, $15 for level 2, $10 for level 3, $5 for level 4, $10 for level 5, $5 for level 6, $4 for level 7, $3 for levels 8 to 10, $2 for levels 11 to 14, and $1 for levels 15 to 20.
Purchase of the Justice Package – $120 on level 1, $30 on level 2, $20 on level 3, $10 on level 4, $20 on level 5, $10 on level 6, $8 on level 7, $4 on levels 11 to 14, and $2 on levels 15 to 20.
Purchase of the Peace Package costs $180 on level 1, $45 on level 2, $30 on level 3, $15 on level 4, $30 on level 5, $12 on level 7, $9 on levels 8 to 10, $6 on levels 11 to 14, and $3 on levels 15 to 20.
Purchase of the Liberium Package – $240 on level 1, $60 on level 2, $40 on level 3, $20 on level 4, $40 on level 5, $20 on level 6, $16 on level 7, $8 on levels 11 to 14, and $4 on levels 15 to 20.
The Infinity Bonus
Liberium Crypto offers eligible affiliates an Infinity Bonus (15 Customer Points).

The Veritas Package includes a $10 Infinity Bonus.
The Justice Package includes a $20 Infinity Bonus.
The Peace Package includes a $30 Infinity Bonus.
The Liberium Package includes a $40 Infinity Bonus.
The Infinity Bonus is given on trade credit package purchases made across the unilevel team until another Infinity Bonus qualifying affiliate is identified in a leg of the unilevel team.

Participating in Liberium Crypto
Membership in the Liberium Crypto affiliate program is completely free.

Purchase of a trading credit package and/or a Signals Package is required for full participation in the associated revenue opportunity.

$79 per month for the Signals Package
$189 for the Veritas Package
$379 for the Justice Package
$567 for the Peace Package
$755 for the Liberium Package
The more a Liberium Crypto affiliate spends in fees, the more money they may make.

Although Liberium Crypto is based in USD, payments are made and received in bitcoin, litecoin, and dogecoin.

Conclusion Liberium Crypto
CopyProTraders was your standard “lulz can’t touch our money!” operation. MLM cryptocurrency swindle

When a transaction is made by the Trader you were watching, we utilize the API key you provided to conduct the same trade on your behalf in your exchange.

Your cryptocurrency is always in your exchange and under your control.

While the foregoing is correct, Liberium Crypto affiliates do not own the API. They allow McBay access to their cash, and he is free to do anything he wants with them.

McBay has restarted the fraud under a different name now that the CopyProTraders pyramid recruiting has died and the trading has resulted in the unavoidable widespread losses.

That’s pretty much it for Liberium Crypto.

A side-by-side comparison exposes many bundles rather than a single $99 charge. And twenty payment tiers rather than seven.

Because it is relevant here, below is the conclusion of BehindMLM’s CopyProTraders review:

Antione McBay’s game plan appears to be to hide out in Vietnam while conducting securities fraud, namely in the United States.

As I write this, Alexa indicates that 80% of traffic to CopyProTraders’ website comes from the United States.

Affiliates of CryptoProTraders in the United States should be aware that promoting securities fraud is also unlawful.

In the absence of action by the SEC or Vietnamese regulators, the other result of the “cRyPtO iS iN mY eXcHaNgE aCcOuNt” model is rigged transactions.

The most recent instance of this was iQuandex’s exit-scam.

CryptoProTraders violates the FTC Act in addition to securities and pyramid fraud.

The CryptoProTraders website’s “our traders” section has blurry images of individuals and flowery biographies.

There is no verified proof or trade data about claimed trading for CopyProTraders.

CryptoProTraders also does not give customers with any past trading outcomes or information about who is behind their automated trading program.

All of these are potential breaches of the FTC Act in terms of marketing disclosures.

In addition to losing bitcoin through fraudulent transactions, the vast majority of MLM pyramid scheme members are guaranteed to lose money.

Only a few people make money in CopyProTraders, whether it’s through trading or pyramid recruiting.

Be aware of CopyProTraders promoters that dismiss/ignore securities fraud and claim to be profitable in the short term.

In the green box above, replace “CopyProTraders” with Liberium Crypto.

If CopyProTraders’ trading had been lucrative, it would not have failed. More importantly, instead of committing securities fraud, McBay would discreetly operate it himself.

The only people who profited from CopyProTraders were McBay and the scammers who promoted it.

The same will happen with Liberium Crypto.

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