What Is My Crypto Rev? It’s a Rehashed Gold Ponzi Scheme!

My Crypto Rev is a cryptocurrency investment MLM company that promises huge ROI’s, up to 4% daily for more than 6 months. This is a relatively new MLM company that started in Sept 2020. 

The company’s CEO is Conner Robert, but we believe him to be an actor. Outside of My Crypto Rev, there’s nothing else on the Internet about him or any of his business dealings. 

Their overhyped income claims combined with a fake CEO means that they’re hiding something.

My Crypto Rev Product Line

My Crypto Rev does not offer products or services, which is another red flag because they’re a MLM company. 

Does The Product Work?

This company works by having you recruit people into the program, and that’s all. They say that you’re going to be earning between 2.5% and 4% ROI daily for up to 6 months, but the more you invest, the more money you make. 

But there’s no proof anywhere that they’re generating income outside of new member investment. 

On top of that, they’re offering passive income which constitutes securities offering. This means they need to be registered with financial regulators and authorities (i.e. the SEC). Again, no proof that they’re registered with any of them, so they’re committing another crime called securities fraud. 

Operating a Ponzi scheme and committing securities fraud make this company illegal and participating in their opportunity could land you some jail time.

There’s no other way to make money with My Crypto Rev other than through recruitment.

How To Get Started with My Crypto Rev?

To get started with My Crypto Rev’s income opportunity, you can choose between three different investment levels, which are: 

Gold Tier – This investment tier requires a minimum of $100 to $10,000 to join. You will earn a daily ROI of 2.5% for 150 days.

Platinum Tier – This investment tier requires a minimum of $10,001 to $50,000 to join. You will earn a daily ROI of 3.25% for 175 days.

VIP Tier – This investment tier requires a minimum of $50,001 to $100,000 to join. You will earn a daily ROI of 4% for 200 days

Each tier is capped at the amount you earn with daily profit as shown below: 

Gold Tier Cap – This investment tier is capped at earning $1,000.

Platinum Tier Cap – This investment tier is capped at earning $6,000.

VIP Tier Cap – This investment tier is capped at earning $12,000.

My Crypto Rev Compensation Plan

My Crypto Rev’s compensation plan is based on one big referral scheme that pays you when you refer people to the program and build a team. 

There are two ways to make money from their program: 

Direct Commissions

My Crypto Rev’s direct commissions are paid to you based on your personally recruited members’ investments. Commissions pay out 12% of your direct recruits’ investments.

Downline Team Commissions

Team commissions are paid out via a binary compensation plan structure. Your recruits are placed on two legs under you. These are labeled your left and right leg. Both legs will spawn two more positions, and more after that. 

The more levels spawn, the more positions are created and can acccommodate new members. 

My Crypto Rev pays out 10% of investment volumes on your weaker leg. Any volume that’s leftover is carried over to the stronger leg. 

There’s no other information about how their team commissiosn work because they don’t disclose a lot of it on their landing page

#1 Rehashed Ponzi Scheme

My Crypto Rev is not a new company. It’s a rehash of an older company called My Gold Rev, and this was way too obvious. If you look closely at the bottom of their landing page, you’ll notice that there’s one working social media link on there and it’s for their YouTube channel. 

This YouTube channel is called My Gold Rev Official YouTube Channel. The other buttons don’t work at all

#2 All Recruitment and Nothing Else!

The program’s nothing more than a Ponzi scheme and all that’s proven by looking at their compensation plan. You’re only recruiting people to make money here and to avoid being the bottom of the barrel. 

As long as you’re at the bottom, you’re not making any real money here. In fact, there’s nothing on this program that makes you money. 

#3 Securities Fraud!

Let’s not forget that you’re also committing securities fraud when you participate in this program and if you’ve convinced people into signing up for the program. 

This is a serious crime to be tied to if ever you get caught by the authorities. Remember, bigger Ponzi schemes have gone cold and their founders went to jail for this crime.

There’s nothing to like about My Crypto Rev because it’s just one big Ponzi scheme. 

My Crypto Rev is a rehashed Ponzi scheme that was shut down way before this program started. Being a rehashed Ponzi scheme, they have the same MO and the same red flags. 

The name of the game is recruitment and you can’t make money if you don’t recruit people. 

You’re also committing securities fraud because they’re not authorized to carry out financial activities on behalf of their clients. 

Stay away from this program!

I'm not a fan of MLM, not because it's illegal or not profitable, but because of all the restrictions and the expensive costs involved.

Instead, Affiliate Marketing is my top recommended business model for anyone to make money online.

The reason is simple...

• You don't have to recruit anyone to make money
• You have the freedom to promote any products you want and not being restricted to only promote the products from one MLM company
• It's Free to get started

In fact, with affiliate marketing...