250% ROI crypto trading Ponzi scheme

CloudFi fails to provide ownership or executive information its website.

CloudFi’s website domain (“cloudfi.app”), was privately registered on January 10th, 2023.

At time of publication, SimilarWeb ranks top sources of traffic to CloudFi’s website as Slovakia (62%), Italy (23%), Greece (3%) and Bangladesh (3%).

Slovakia stands out as an odd top source of traffic.

In an attempt to appear legitimate, CloudFi provides an incomplete corporate address in Hong Kong on its website.

Whether CloudFi has any actual ties to Hong Kong is unclear.

As always, if an MLM company is not openly upfront about who is running or owns it, think long and hard about joining and/or handing over any money.

CloudFi’s Products

CloudFi has no retailable products or services.

Affiliates are only able to market CloudFi affiliate membership itself.

CloudFi’s Compensation Plan

CloudFi solicits $200 to $1,000,000 investments in cryptocurrency.

This is done on the promise of a Monday-Friday daily 1.25% ROI, capping out at 250%.

Depending on how much is invested, CloudFi also provides bonus deposit amounts:

• invest $200 to $1000 and receive a 2% bonus deposit
• invest $2000 to $10,000 and receive a 4% bonus deposit
• invest $20,000 to $100,000 and receive a 6% bonus deposit
• invest $200,000 to $1,000,000 and receive an 8% bonus deposit

Bonus deposits also pay out 1.25% seven days a week, capped at 350%.

CloudFi pays referral commissions on invested cryptocurrency via a unilevel compensation structure.

A unilevel compensation structure places an affiliate at the top of a unilevel team, with every personally recruited affiliate placed directly under them (level 1):

If any level 1 affiliates recruit new affiliates, they are placed on level 2 of the original affiliate’s unilevel team.

If any level 2 affiliates recruit new affiliates, they are placed on level 3 and so on and so forth down a theoretical infinite number of levels.

CloudFi caps referral commissions down four levels of recruitment.

Referral commissions are paid out as a percentage of cryptocurrency invested across these four levels as follows:

• level 1 (personally recruited affiliates) – 6%
• level 2 – 4%
• level 3 – 2%
• level 4 – 1%

Joining CloudFi

CloudFi affiliate membership is free.

Full participation in the attached income opportunity requires a minimum $200 investment.

CloudFi solicits investment in various cryptocurrencies.

CloudFi Conclusion

CloudFi represents it generates external revenue via cryptocurrency trading.

At CloudFi, our team of highly experienced crypto traders is committed to providing exceptional customer service and delivering consistent returns.

Our proprietary machine learning trading bot, Cloud Intelligence, utilizes advanced algorithms to optimize your investments and maximize your profits. Join us today and experience the future of professional crypto investing.

No evidence of CloudFi being engaged in cryptocurrency trading, or any other source of external revenue generation is provided.

This aligns with cryptocurrency trading being the top ruse used by MLM crypto Ponzi schemes.

CloudFi’s business additionally fails the Ponzi logic test. If the company actually had an AI trading bot already pumping out 1.25% a day (more once MLM commissions are factored in), what do they need your money for?

As with all MLM Ponzi schemes, once affiliate recruitment dries up so too will new investment.

This will starve CloudFi of ROI revenue, eventually prompting a collapse.

The math behind Ponzi schemes guarantees that when they collapse, the majority of participants lose money.