TronCase Review – A Ponzi Scheme That Collapsed And Rebooted!

TronCase is a cryptocurrency investment program running a multi-level marketing compensation plan. 

Not a lot of information can be found on their website. There’s no owner information, nor is there any information on where the program operates. 

The domain name was registered back in September 2020, but it was only used when TronCase launched sometime later. 

Their marketing videos were recorded using an Estonian language-based phone, so we believe that the company’s operating out of Estonia. 

Further research shows two names, who we believe to be the admins for TronCase: Martin Karus and Erik Nurm. 

They also released an interview together with serial scammer Ryan Conley, who mentions that Karus and Nurm were both Master Distributors of TronCase. This means that they’re holding one of the top positions of the company and the compensation plan hierarchy. 

Karus’ history shows him being involved with previous MLM’s back in 2010, starting with Amway. However, he found little success with the company and went about with promoting Ponzi schemes right after. It was believed that he was involved with Questra World, Crowd1, and Cloud Horizon.

Nurm worked closely with Karus through Cloud Horizon and Crowd1. Nurm was also involved in the Nano Club Ponzi scheme. 

As of this writing, it’s believed that Karus is hiding somewhere in Malaysia while Nurm is hiding in Thailand. 

TronCase Product Line

TronCase offers no retail products or services. It only offers access to its income opportunity, which is disguised as investments but is far from it.  

Does The Product Work?

Troncase is not to be confused with TronBase, which was another smart-contract Ponzi scheme. Although we can’t blame you if you did because the MO’s are fairly similar. 

Troncase promises their investors that the smart contract will pay out a 300% ROI, but the returns are generated from subsequently invested funds, so this makes Troncase a Ponzi scheme. 

On top of their Ponzi, they also hide behind referral commissions to incentivize people into investing. 

But there’s no proof here that ROI’s are generated through investing or any trading. In fact, the only source of income that we can verify is through new member investments, which is done by recruiting people. 

The newly invested funds are used to pay off the higher tiers, which would be Nurm and Karus, and trickling their way down to the very bottom. It’s very unlikely that the bottom tiers get a single dime, or those who don’t belong to the management team.

There’s only one way to make money from Troncase and that’s through recruitment. You recruit people to get them to invest and to make them a part of your downline. 

How To Get Started with TronCase?

Troncase requires a minimum investment of 100 TRX (roughly $10). A 300% ROI is paid out and reinvestment is needed to continue earning from the program. 

TronCase Compensation Plan

Troncase pays out a daily ROI at a rate of 1% a day. There’s a bonus of 0.1% added daily if no withdrawal is made, capping out at 0.5% after five days. 

Once the 300% ROI is achieved, the members will have to reinvest their funds to continue earning. 

Referral Commissions

Troncase pays out referral commissions following a unilevel compensation structure. This structure places you at the top of the team, and your personal recruits are placed under you. 

These recruits become your level 1 team. When your level 1 team members recruit people, they are placed under the level 1 team and become your level 2 members. Subsequently, they also become your level 1 team’s level 1 members as well. 

This goes on infinitely in theory, but Troncase caps out at 11 unilevel teams. 

You earn a commission based on each level: 

• 7% on level 1 (personally recruited affiliates)
• 3% on level 2
• 1.5% on level 3
• 1% on level 4
• 0.5% on levels 5 to 7
• 0.4% on level 8
• 0.3% on level 9
• 0.2% on level 10
• 0.1% on level 11

#1 Collapsed

Troncase collapsed sometime in June 2021. Their smart contract went high as 96.84 million TRX invested, which was roughly $5 million. Yeah, that’s how much money they made out of people. 

Days before the collapse, the smart contract was depleted and sat at 0. Long story short, someone else went and got the $5 million in their bank account. 

Troncase’ admins Nurm and Karus disappeared after the collapse, leading us to believe that they probably split the dough and left. 

#2 Rebooted!

A week after it collapsed, Troncase rebooted by switching domains and retained its Ponzi scheme. 

From a .IO domain to a .PRO domain, the reboot took place in July of 2021. The websites are similar and it runs the same smart contract script. 

However, Ryan Conley is the person running the reboot. Karus and Nurm don’t have a hand in the reboot, as far as we know, because they’re in hiding. 

When asked about the previous iteration, Conley refuses to leave a comment and dismisses the criticisms as it’s coming from people who’re “hurting financially”. 

The new smart contract was created on July 11th 2021 and runs a balance of 4.5 million TRX (roughly $275,000).

There’s nothing to like about Troncase. It’s a crappy Ponzi scheme. 

Troncase is a Ponzi scheme that collapsed and unashamedly rebooted after running away with people’s hard-earned money amounting to millions of dollars. 

There’s no reason to believe that this company is legitimate, given that its income opportunity is a big red flag in the eyes of regulatory agencies. 

The reboot came after a month after it collapsed, so it’s safe to assume that we won’t see the last of Troncase.

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