KKBT has disintegrated.
The Ponzi scheme is the most recent exit scam in a series of app-based Ponzi schemes, all of which are thought to have originated in Asia.
I did not review KKBT, but based on what I’ve seen, it appears to be yet another “click a button” task Ponzi scheme.
KKBT was administered through two internet domains, each of which targeted a different country.
South Africa was targeted through the privately registered domain “kkbt-za.com” on January 12, 2022.
The domain (“kkbt.in”) aimed at India was likewise privately registered on January 12th.
Each website was associated with an app that was localized for its country’s currency and language. It appears that the Indian version of KKBT has not acquired popularity.
The “click a button” scam employed by KKBT was bitcoin mining. Each day, per investment, mining revenue is generated by clicking a button as indicated.
A few days previously, KKBT collapsed via a “website offline” exit fraud, so this was, of course, nonsense. In recent months, numerous “click a button” task app-based Ponzi schemes have emerged.
I’ve noticed the following telltale indications of these clone apps: The title is typically composed of random letters linked together, occasionally with digits at the end.
It commenced off-general, but now looks to be regionalized based on language and payment processors. Earlier, In previous editions, localities served as the website’s front end; currently, the site is primarily a login page. all investors with “VIP” investment plans.
Typically, daily button clicks are required to qualify for refunds (not always). Boxy buttons, requesting monetary investment in cryptocurrencies, occasionally with a localized payment processor option.
This list is not exhaustive and is subject to change as scammers gain awareness.
Examples of app-based “click a button” Ponzi schemes that I’ve noted on our page include: In May of 2022, the COTP-pretending affiliates pressed a button to generate trading activity-failed.
DF Finance assumes that a button click generates commissionable sales.
EthTRX is an app-based Ponzi scheme with a disabled daily task component.
Pretending that the click of a button promotes trade activity and focusing on Indonesia, EasyTask 888—whose customers like YouTube videos—pretends to earn profits.
The “one-button” application All Ponzi scams originate in Asia. How they get locals to fund and set up the different regional Ponzi schemes is a mystery to me.
There are more of these cons in circulation. I am aware that a couple more items remain on my review list. I will provide updates when they occur.