Joining Bitcoin Funding Team. Bitcoin Funding Team affiliate membership is tied to a 0. 1 BTC gifting payment. Full participation in the Bitcoin Funding Team income opportunity costs 3. 7 BTC. Conclusion. Under the guise of “donating” to “causes”, Bitcoin Funding Team …. Three of the defendants (Thomas Dluca, Louis Gatto and Eric Pinkston) promoted schemes known as Bitcoin Funding Team and My7Network using websites, YouTube, social media and conference calls
Popular article Bitcoin funding team pyramid scheme
Bitcoin Funding Team was a web-based chain referral scheme founded by Defendant Dluca in or around February 2017 and promoted by Defendants Dluca, Gatto, Pinkston, and Chandler until the operation announced its closure in August 2017. . /28/2017And Bitcoin Funding Team is one of them. So let’s go down to business. BITCOIN FUNDING TEAM. first let me tell you. WHAT IT IS NOT…. It is not MLM It is not a Ponzi Scheme, Not a Pyramid Not a business that the owner gets your money and pays you a commission Not a business with a product that you have to pay auto- ship every month.
Bitcoin Funding Team is not a company, it is only a platform that is owned by its members who pay the $10 platform fee. This is not a business, it is a Crowdfunding Project where each member has to donate first before they get donations. . The visual organization of the Bitcoin Funding Team resembles a classic “pyramid” or “Ponzi” scheme. My7Network allegedly utilized a similar scheme to induce consumers to make a payment of Bitcoin or Litecoin in order to recruit others into also making payments.
Three of the defendants (Thomas Dluca, Louis Gatto and Eric Pinkston) promoted schemes known as Bitcoin Funding Team and My7Network using websites, YouTube, social media and conference calls, claiming that Bitcoin Funding Team could turn $100 worth of bitcoin into a monthly income of $80,000. . /2/2017Bitcoin Funding Team(Start earning money with Bitcoin Today) Back in 2009 you could buy Bitcoin for pennys and now it is worth over $1000 each. Now were are in the period that Bitcoin is increasing again and there is a way to get your hands on bitcoin without mining .
FTC cracks down on alleged bitcoin pyramid schemes. large returns if they would pay enrollment fees to invest in cryptocurrencies like bitcoin and litecoin. called Bitcoin Funding Team. Most investors in the Bitcoin Funding Team program failed to recoup their initial investments, while paying stiff monthly to the scheme's
Affiliates for Bitcoin Funding Team gift money to one another with the expectation that they’re going to get something in return, and this results in the opportunity functioning as a cash gifting scheme.
/20/2018Dluca, Gatto and Pinkerton using the names Bitcoin Funding Team and My7Network used websites, YouTube videos, social media and conference calls to promote a scheme through which investors were told that by investing $100, they could achieve $80,000 a month in monthly income.
Bitcoin Funding Team was a web-based chain referral scheme founded by Defendant Dluca in or around February 2017 and promoted by Defendants Dluca, Gatto, Pinkston, and Chandler until the operation announced its closure in August 2017.
Just as I expected, it was only a matter of time before Bitcoin Funding Team got shut down! The Federal Trade Commission has halted all activities of four men for …
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