HotNews No. . 147: PoolPay$ – Another MLM Crypto Ponzi Scheme
In the world of MLM platforms and online crypto projects, new scams posing as legitimate investment opportunities continue to emerge. PoolPay$ is the latest example, using “gaming” marketing to conceal its pyramid structure and financial misconduct.
Founder and Background
PoolPay$ operates through two domains:
- poolpays.com – privately registered on September 9, 2025
- poolpays.app – privately registered on an unknown date
The platform does not disclose ownership or management, representing a high risk for participants. The official marketing presentation is credited to Thiago Malcher, but beyond that, no verifiable information about the person or team behind the project is available.
Products and Services
PoolPay$ has no tangible products or services. The only “product” is promoter membership, clearly indicating a pyramid scheme. The supposed gaming operations are unverifiable and likely fictitious.
Compensation Plan and Pyramid Structure
Promoters invest a minimum of 10 USDC with promised passive returns:
- 1 day – 0.5%
- 5 days – 0.6% per day
- 10 days – 0.7% per day
- 20 days – 0.9% per day
Additionally, income is generated solely through recruiting new promoters, within a 20-level pyramid structure. Promoter success relies entirely on continuous recruitment. Once recruitment slows, most participants inevitably lose their invested funds – a classic Ponzi outcome.
Financial and Legal Risks
- Submitting personal data to an unknown owner may violate consumer protection laws.
- The business model without real product sales poses high financial risk and constitutes a pyramid scheme.
- Claims of revenue from gaming operations are unverifiable and likely false.
Conclusion and Advice
PoolPay$ represents a classic combination of MLM pyramid and Ponzi scheme. Participant funds come exclusively from new investments, and when those dry up, most will lose their money.
Advice for Potential Participants:
- Do not send money to platforms that do not disclose ownership or management.
- Earnings are generated only through recruiting new members – there are no real product sales.
- Pyramid and Ponzi schemes inevitably collapse, leaving most participants with losses.
Kind regards,
Your DefendMe Team