Loading...
Cloud Token is a cryptocurrency platform that has been widely criticized and labeled as a Ponzi scheme. Launched in early 2019, it operates on a multi-level marketing (MLM) model, encouraging users to invest a minimum of $500 in its native token, CTO, with promises of high returns (10-15% per month). The platform lacks transparency regarding its ownership and management, and its marketing materials often feature individuals with questionable backgrounds in the cryptocurrency space. Critics have raised concerns about the legitimacy of its claims, particularly regarding the use of an AI trading bot for generating profits, as there is no verifiable evidence of external revenue sources. Overall, Cloud Token is viewed as a high-risk investment opportunity, with significant warnings from experts about its sustainability and legality.is a cryptocurrency platform that has been widely criticized and labeled as a Ponzi scheme. Launched in early 2019, it operates on a multi-level marketing (MLM) model, encouraging users to invest a minimum of $500 in its native token, CTO, with promises of high returns (10-15% per month). The platform lacks transparency regarding its ownership and management, and its marketing materials often feature individuals with questionable backgrounds in the cryptocurrency space. Critics have raised concerns about the legitimacy of its claims, particularly regarding the use of an AI trading bot for generating profits, as there is no verifiable evidence of external revenue sources. Overall, Cloud Token is viewed as a high-risk investment opportunity, with significant warnings from experts about its sustainability and legality.
Cloud Token is a cryptocurrency platform that has been widely criticized and labeled as a Ponzi scheme. Launched in early 2019, it operates on a multi-level marketing (MLM) model, encouraging users to invest a minimum of $500 in its native token, CTO, with promises of high returns (10-15% per month). The platform lacks transparency regarding its ownership and management, and its marketing materials often feature individuals with questionable backgrounds in the cryptocurrency space. Critics have raised concerns about the legitimacy of its claims, particularly regarding the use of an AI trading ...