Sybbex Review: Just Another Ponzi Wrapped in Cryptocurrency?
- Crypto MLM Reviews
- September 11, 2024
Welc0me to my Sybbex Review!
If you’ve been following the MLM crypto scene, you’ve probably come across Sybbex. Like so many others, Sybbex raises serious red flags from the start. With no real leadership info and sketchy details on its operations, it’s looking more like a Ponzi scheme disguised as a cryptocurrency opportunity. Let’s dive into what’s really going on with Sybbex.
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Who’s Running Sybbex? Good Luck Finding Out
The first thing you’ll notice about Sybbex is that it doesn’t provide any verifiable ownership or executive details. The domain, “sybbex.com,” was privately registered on September 27th, 2023, but that’s as far as the transparency goes.
Sybbex claims to be run by “William Hollan,” but here’s the kicker: Hollan is clearly an actor, complete with glasses, a wig, and a fake office in Moscow.
Sybbex’s Products: Spoiler—There Aren’t Any
Sybbex doesn’t have any actual products or services to sell. Affiliates can only market the Sybbex membership itself, which is always a huge red flag in MLM schemes. If there’s no product, how’s anyone supposed to make money? The answer: recruitment.
The Compensation Plan: Too Good to Be True?
Sybbex affiliates are encouraged to invest cryptocurrency, with promises of daily returns. Here’s a quick breakdown of the advertised returns:
Tether (USDT)
- Invest 50-1000 USDT and receive 0.7% to 1.2% a day for 15 days
- Invest 1000-20,000 USDT and receive 1.1% to 1.5% a day for 25 days
- Invest 20,000-100,000 USDT and receive 1.4% to 1.8% a day for 36 days
- Invest 100,000-500,000 USDT and receive 1.7% to 2.2% a day for 48 days
The compensation plan also extends to other cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), and Litecoin (LTC) with similar promised returns, depending on how much you’re willing to invest. As always, these returns are too good to be true and rely entirely on bringing in new investors.
How Sybbex Pays: The Referral System
Sybbex’s compensation plan relies on recruitment. Affiliates earn referral commissions through a unilevel structure, with commissions based on rank:
- Consultants earn 4%
- Chief Consultants earn 6%
- Sales Supervisors earn 8%
- Senior Sales Supervisors earn 10%
- Managers can earn up to 15% and so on, climbing to Black Diamond Ambassadors, who can earn up to 36% on invested funds.
Cost to Join Sybbex Reviews
Joining Sybbex is technically free, but full participation in their investment opportunity requires a minimum investment of:
- 50 USDT
- 0.005 BTC
- 0.05 ETH
- 1 LTC
Without this minimum investment, you won’t be able to participate in the daily returns or rank-based commissions.
Conclusion: Sybbex Is Headed for Collapse
Sybbex is a textbook Boris CEO Ponzi scheme. There are no actual products, no verifiable revenue, and no real leadership. The only money flowing into the company is from new investments, and once those dry up, Sybbex will collapse.
As always with Ponzi schemes, the math guarantees that when it goes under, the majority of participants will lose money.
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