Antares Trade 2.0 and Alcor Trade were both Ponzi scams that failed.
Earlier this morning, investors began reporting withdrawal issues.
The Antares Trade 2.0, Alcor Trade, Antares Refund, and Alpin Launchpad websites were still operational at the time of publication.
On the company’s different social media accounts, investor withdrawal concerns have started to dribble in:
Antares Trade 2.0 and Alcor Trade withdrawals have ceased, according to our reader who made a remark in French a few hours ago. Antares Trade declared a “big spring campaign” to encourage investment in the run-up to the collapse:
A promotional event will be held in Dubai from June 1st to 3rd:
Tickets cost $200 for corporate and $500 for general admission (VIP). Prices have been increased by $4 to $10 per day since early April. Antares Trade 2.0’s choice of location is unlikely to be a coincidence, given Dubai’s reputation as the world’s MLM fraud capital.
Antares Trade 2.0 offered “special presentations” by “Jordan Belfort, Mike Tyson, and other international stars” in addition to a “photo session and laser display.”
Neither public figure has made any social media announcements about their respective appearances. On the 28th and 29th of May, Tyson was to be the headline speaker at a “Recession Proof Convention” in Las Vegas.
Both event dates are listed as cancelled on TicketMaster at the time of writing.
“Alex Richter” runs Antares Trade 2.0 and Alcor Trade. Aleksey Zhirovkin, a Russian national and fugitive, plays Richter.
Zhirovkin, who plays Richter, was rambling about an Antares Trade “meta world.” 24 hours ago, “Metaverse” and derivatives, borrowed from Facebook, have become a marketing cliche among MLM crypto Ponzi schemes.
Antares Trade’s iteration seems to be a pretext to create MAD, the Ponzi scheme’s fourth shitcoin.
Zhirovkin was last seen hiding in Mexico.
It’s possible that hosting or appearing to hold an Antares Trade event in Dubai was a pretext to get away from Zhirovkin’s victims and relocate there.
We highlighted the botched Antares Trade 2.0 Ponzi relaunch earlier this month, which saw investors unwilling to exit Alcor Trade.
Alcor Trade was a reboot of the Antares Trade Ponzi, which had previously failed.
Stay tuned for more information about Antares Trade 2.0 and Alcor Trade’s collapse.