On its website, YDYS Trading provides no information regarding who owns or operates the company.

In truth, at the time of writing, YDYS Trading’s website is nothing more than an affiliate sign-up form:

On February 19th, 2022, YDYS Trading’s website domain (“ydyscrypto.com”) was privately registered.

The Philippine Securities and Exchange Commission (SEC) issued a YDYS Trading securities fraud notice on April 21st.

YDYS TRADING OPC was registered as a One-Person Corporation with the Commission on March 1, 2022, according to Commission data. Company is, however, clearly stated in its Certificate of Incorporation that it is NOT AUTHORIZED to solicit investments from the general public.

The “chief” of YDYS Trading was identified by the regulator as Mar Albert Pondang Hidalgo. Hidalgo uses the handle “Mar Albert Hidalgo” on social media. He is currently based in the Philippines. According to Hidalgo’s Facebook page, YDYS is his first MLM company as an executive. Hidalgo was peddling COVID-19 “treatment equipment,” which included the following:

The year 2021 will be a watershed moment in history. PMS Prime 98 Select: Hidalgo was advertising it. PMS Prime 98 Select is a multilevel marketing firm that makes a variety of false health claims concerning its products.

Hidalgo’s Facebook page posted the promo shot above in late December 2021. Hidalgo rebuilt himself as a crypto bro and founded YDYS Trading in February 2022.

Continue reading to learn more about YDYS Trading’s MLM opportunity.

Products from YDYS Trading:

YDYS Trading does not sell any products or services to the general public. Affiliates are only allowed to promote YDYS Trading.

The Compensation Plan of YDYS Trading:

As previously stated, YDYS Trading’s website is nothing more than a log-in form for affiliates. The public is not given access to company information, including compensation. Nonetheless, the Philippine Securities and Exchange Commission (SEC) has detailed YDYS Trading’s compensation structure in its securities fraud warning.

YDYS Trading is looking for investors who want to invest in Philippine Pesos (PHP) with the promise of a return of up to 250 percent in 45 days.

Invest With Red Staking, you can stake 300 PHP and receive 750 PHP in 45 days.

Invest With Blue Staking, you can invest 1000 PHP and receive 2500 PHP in 45 days.

With Orange Staking, you can stake 5000 PHP and receive 12,500 PHP in 45 days.

Invest 50,000 PHP and get 125,000 PHP in 45 days.

The MLM part of YDYS Trading compensates for affiliate investor recruitment. YDYS Trading affiliates receive a 50 percent commission on funds invested by directly recruited affiliates.

Residual Commissions are commissions that are paid on a regular basis. Affiliates of YDYS Trading receive a “1% commission from the earnings of the downline.” This is based on the amount of money invested, not the amount of money earned. It’s unclear how many tiers YDYS pays residual commissions on.

Investment in YDYS Trading generates “product points.” Although no specifics are supplied, we can learn from the Philippine SEC that earning product points qualifies affiliates for a variety of incentives.

Taking part in YDYS Trading:

A 300–50,000 PHP investment is required to become a YDYS Trading affiliate. The more a YDYS Trading affiliate invests, the more money they can make. Reinvestment is necessary after 45 days to continue earning.

Conclusion of YDYS Trading:

YDYS is a straightforward crypto Ponzi scheme.

Affiliates invest, and after 45 days, if fresh investment continues, they will have received 250 percent of their initial investment. Unfortunately for YDYS Trading investors, new investment has not kept pace with the company’s growth.

Despite the SEC’s warning that Hidalgo and the promoters of YDYS face a twenty-one-year prison sentence or a fine of five million PHP ($94,369 USD), Hidalgo has continued to commit fraud.

Hidalgo issued a “extra staking package” on April 22nd, the day after the SEC’s warning:

Hidalgo stated on April 23 that “several people went to” YDYS Trading’s Philippine office:

It’s unclear whether this was in response to the SEC’s fraud notice. Hidalgo published a YDYS Trading “certificate of incorporation” on April 25th, in an attempt to address the fact that the company was conducting securities fraud and operating unlawfully.

This is not a replacement for SEC registration. Basic incorporation in any jurisdiction is worthless when it comes to MLM due diligence.

Following a month of heavy promotion of investment “flash sales,” Hidalgo informed on May 1st that YDYS Trading was having payment issues:

YDYS Trading resumed selected payouts on May 30th: YDYS Trading is still facing withdrawal pressure as of June 5th.

Hidalgo maintains that his YDYS Trading Ponzi operation is “legally sound.” This, I feel, is due to YDYS Trading’s investment in bundling products.

Attaching products to a Ponzi scheme does not make securities fraud legal, as the SEC warns. The bundled products given by YDYS Trading appear to be very comparable to those offered by Prime 98 Select.

Prime 98 Select looks to be an offline MLM opportunity that is mostly pushed through social media in the Philippines.

I wouldn’t be shocked if Prime 98 Select’s products and YDYS Trading’s investment product bundles have some overlap.

In any case, YDYS Trading’s withdrawal problems are indicative of a Ponzi scheme. Throughout May, the small amount of investment that has come in looks to be used to fund selected withdrawals.

Hidalgo is likely hoping to promote fresh investment by making these withdrawals public. That’s unlikely to happen with YDYS Trading’s 250 percent+ ROI liabilities every 45 days.

Math assures that the bulk of Ponzi scheme participants lose money, pending confirmation that YDYS Trading has entirely failed

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