AMZDoge surfaced on or round September 2022.
The scheme operated each as AMZDoge and GeoDoge, working from two major domains:
- geodoge.com – non-public registration final up to date on December twelfth, 2022
- amzdoge.com – privately registered on September 14th, 2022
Following AMZDoge’s collapse earlier this month, each beforehand accessible web sites have since been disabled.
AMZDoge’s Ponzi premise was the standard automated buying and selling nonsense.
Consistent with its web site theme, AMZDoge named its fictional buying and selling bot “Magic Canine”.
Magic Canine is the core product of AD, which might deeply mine the historic information of main buying and selling platforms around the world.
With built-in core algorithms and applied sciences, it could obtain totally automated buying and selling and show you how to make simple cash within the digital foreign money market!
AMZDoge charged $10 a month to entry its Magic Canine funding scheme. As soon as that charge was paid, associates have been capable of make investments tether (USDT).
AMZDoge advertising movies represented associates might anticipate 25 USDT each 2 hours on a ten,000 USDT funding. This involves roughly 3% a day.
AMZDoge charged a 30% charge on all withdrawals.
On the MLM facet of issues, AMZDoge paid referral commissions down 5 ranges of recruitment:
AMZDoge’s referral fee charges began at 10% on stage 1 (personally recruited associates). This dropped to 2% on stage 5.
On or round February thirteenth AMZDoge disabled withdrawals. On February 14th AMZDoge got here up with a “tax audit” exit-scam ruse:
As a result of AMZDoge is conducting a tax audit, after the audit is handed, you possibly can withdraw cash!
Thanks to your cooperation.
Withdrawals remained disabled, up till AMZDoge’s web sites went down on or round February twenty fourth.
AMZDoge was run through an app interface, which strongly resembles comparable Ponzi schemes originating out of Asia. Language AMZDoge communicated in additionally suggests non-native English audio system have been behind the rip-off.
Site visitors evaluation from SimilarWeb reveals AMZDoge peaked shortly after launch. Recruitment then promptly collapsed.
GeoDoge’s web site had way more visits. December 2022 noticed a 50% stoop, which then picked up once more in January.
If I needed to guess February was doubtless down once more, which prompted the collapse and exit-scam.
Complete AMZDoge sufferer numbers and the way a lot they misplaced stay unknown.
SimilarWeb tracked high sources of visitors to “amzdoge.com” as Australia (47%), Lithuania (15%) and Greece (8%).
Site visitors to the “geodoge.com” primarily originated from Spain (23%), the US (12%), the UAE (10%) and Belarus (9%).
