Glory Assurance Review – SCAM or Legit Crypto Opportunity?
- Crypto MLM Reviews
- January 14, 2025
Welcome to my Glory Assurance Review!
Glory Assurance is the latest player in the ever-growing world of MLM scams, promising hefty returns under the guise of “insurance” and “trading signals.” But with anonymous owners, suspicious ties to China, and a compensation model that smells like classic Ponzi math, there’s nothing glorious about this scheme. Let’s break it down.
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Who Runs Glory Assurance? Nobody Knows.
Glory Assurance operates through two websites:
- gloryassurance.com – their marketing hub.
- hashkingdom.com – their app platform.
Both domains were privately registered on February 2, 2024—a favorite tactic of scammers who don’t want anyone tracing their identity. If you peek under the hood (i.e., the site’s source code), you’ll find Chinese characters sprinkled throughout.
This strongly suggests Chinese operators, a recurring theme in the “click a button” Ponzi epidemic. Yet, there’s zero transparency about who’s in charge, which should raise red flags faster than a bad crypto investment.
What Does Glory Assurance Sell? Hint: Nothing.
If you’re looking for products, services, or anything of tangible value, you’re out of luck. Glory Assurance offers no retail products. Affiliates can only sell membership packages, which consist of—you guessed it—investment opportunities.
This makes it a recruitment-only scheme, a classic indicator of a pyramid structure.
How Does Glory Assurance Work? The Compensation Breakdown
Affiliates invest tether (USDT) in exchange for promises of daily returns. Here are the details:
1. Insurance Package (Rebranded “Martingale Strategy”)
- 635 USDT: Earn 10 USDT/day.
- 12,600 USDT: Earn 200 USDT/day.
- 25,200 USDT: Earn 400 USDT/day.
2. Entrust Package
- 100 to 25,200 USDT: Returns vary depending on the duration:
- 0.2% daily for 30 days.
- 0.5% daily for 180 days.
These packages scream unsustainably high returns that no legitimate company could guarantee. If Glory Assurance had a magic formula for such profits, why would they need your investment in the first place?
Referral Commissions: Shady and Unclear
While Glory Assurance does offer referral commissions, the details are hidden. Affiliates are told they can earn from the investments of people they recruit, but the actual structure and percentages are mysteriously absent.
If a company can’t be upfront about how its commission model works, it’s probably because the math doesn’t add up.
The “Click a Button” Gimmick: Trading Signals Ruse
Glory Assurance wraps its Ponzi structure in a flimsy ruse: trading signals. Here’s how it works (or doesn’t work):
- Affiliates log into the app and click a button.
- Clicking the button supposedly triggers trading signals that generate profits.
- Higher investments mean more button-clicking (because why not?).
But let’s be real: Clicking a button doesn’t execute trades. It’s a distraction to make investors feel like they’re doing something productive while the platform recycles newly invested funds to pay earlier investors.
This gimmick has been used before in now-collapsed scams like RainbowEx, Gxness, and TRC Trade.
How These Schemes Collapse: The Inevitable Endgame
The entire Glory Assurance business model depends on constant recruitment:
- New affiliates invest money.
- Existing investors are paid with those funds.
- Once recruitment slows, the payouts stop, and the platform collapses.
At this point, the anonymous owners disappear, the app goes dark, and most participants lose their money—a mathematical certainty in every Ponzi scheme.
The Bigger Picture: Chinese Scam Factories
The “click a button” Ponzi trend is no coincidence. These scams are often run by organized crime networks operating out of China and Southeast Asia.
In September 2024, the U.S. Department of Treasury sanctioned Cambodian politician Ly Yong Phat for enabling scam factories tied to human trafficking. Through shell companies, these networks operate fake platforms like Glory Assurance, preying on unsuspecting investors worldwide.
Red Flags to Watch Out For
- No Ownership Transparency: If a company doesn’t disclose who’s running it, there’s a reason.
- Guaranteed Returns: Promises of 0.5% to 400% daily returns are pure fiction.
- Recruitment-Only Model: With no products to sell, income depends entirely on bringing in new people.
- “Click a Button” Ruse: If it sounds too silly to be real, it probably is.
- Unverified Trading: No proof exists of actual trading or external revenue.
Final Verdict: Stay Far, Far Away from Glory Assurance
Glory Assurance is not an investment opportunity—it’s a Ponzi scheme wrapped in nonsense about trading signals and fake insurance strategies. The anonymous operators will disappear with your money, leaving you with nothing but regret.
If you’re looking for real opportunities to grow your wealth, here’s a tip: Avoid anything that involves “clicking buttons for profits.” You’re better off clicking the “close tab” button instead.
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