The Lusate Ponzi scheme has collapsed.
On July sixteenth Lusate’s web site was reverted to a diagnostic web page, indicating the complete web site and backend had been deleted:
As BehindMLM understands it, within the lead as much as its collapse Lusate held an “unique bundle” promo to encourage new funding.
In hindsight, this was an try to fatten the pot as a lot as potential earlier than disappearing.
Lusate was an MLM crypto Ponzi that launched in April 2023.
Believed to be run by Russians, Lusate pitched day by day returns of as much as 1.3% a day.
SimilarWeb tracked a large decline in Lusate web site visitors between April and Could 2023:
June probably wasn’t faring any higher, prompting the scammers behind Lusate to tug the plug.
Lusate sufferer numbers and the way a lot was collectively misplaced stays unknown.
