Investors in COTP affiliates have started to experience withdrawal issues.
Instead of being straightforward about running out of money to pay for withdrawals, COTP is blaming TRON network congestion.
There haven’t been any recent reports of the TRON network being congested.
COTP is an MLM crypto Ponzi with daily profits that are thought to be operated by con artists in south-east Asia.
Investors started expressing problems over the previous 24 hours, as shown by the Facebook group “COTP Scam – Now What!?”
When a withdrawal request is processed, COTP purposefully sends out faulty codes, which results in the delays.
Investors in COTP have been informed, as shown here on BehindMLM, that the on-site issues are being brought on by off-site congestion on the TRON network.
This justification has a flaw in that there has been no mention of TRON network congestion online for the past 48 hours.
Additionally, COTP, which was examined on BehindMLM back in March, encourages investment in tether (USDT). On COTP’s website, there is no mention of Tron.
According to SimilarWeb, the US (38%), Colombia (9%), the UK (5%), Australia (4%), and Nigeria (4%), respectively, receive the bulk of visitors to COTPs website.
Numerous MLM bitcoin Ponzi schemes are under stress as a result of this week’s drop in cryptocurrency prices.
Recently, the website for Elevate Pass was unavailable. Investors in Metafi Yielders are also reporting withdrawal problems as Mido Finance has collapsed.
Updated on May 15, 2022 – As of May 13th, COTP “customer service” has informed investors that it will take three business days to resolve SMS-related difficulties.