YDYS Trading Review: Once you surf the official YDYS platform, you’ll notice that it offers no information about the platform’s administrators or the firm itself.
Recently, we discovered that their official internet platform is identical to an affiliate log-in form throughout our research of this company’s platform.
On February 19th, 2022, the YDYS trading platform and its domain (ydyscrypto.com) were privately registered. Meanwhile, the Philippine Securities and Exchange Commission (SEC) issued a securities fraud notice to the YDYS trading corporation on April 21st, 2022.
Furthermore, the firm’s certificate of incorporation expressly states that it is not permitted to accept investments from outside the company.
Mar Albert Pondang Hidalgo is the CEO of the YDYS trading platform/company, according to the company’s regulator (SEC). We also discovered on social media that he is now located outside of the Philippines.
Following our review of Hidalgo’s Facebook profile/page, we discovered that YDYS is his first MLM firm as an executive.
Despite the fact that Hidalgo was still promoting PMS Prime Select, an MLM firm that manufactures a variety of fraudulent health items, in 2021, he was still trying to market the company.
Hidalgo assumed a new identity as a crypto trading specialist in February 2021 and chose to establish the YDYS trading firm. To learn more about the firm, its compensation programs, and commissions, see the next section below.
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The Company’s Compensation Plan
Since its inception this year, the YDYS trading company seems to have no retailable items (2022). Regardless of crypto investments, they solely provide affiliate options, which is their primary source of revenue on the platform.
As previously stated, the YDYS trading platform is nothing more than an affiliate log-in form that may appear after you visit the company’s website.
While all of the relevant facts that you should verify prior to investing on the site are not visible to the general public.
The Company specifics, pay plan, and other key items that make up an investing platform/company are some of this information. Furthermore, YDYS Trading welcomes investments in Philippine Pesos (PHP) with a return of 250% in 45DYS.
- Red Staking – for a 300 PHP investment, you will receive 750 PHP after 45 days.
- Invest 1000 PHP and receive 2500 PHP in 45 days with Blue Staking.
- Staking Oranges – If you put in 5000 PHP, you will get 12,500 PHP in 45 days.
- Invest 50,000 PHP and receive 125,000 PHP in 45 days with gold staking.
In addition, the YDYS MLM trading system gives a recruitment incentive to its affiliate investors for each recruit made on the website by the affiliate.
Recruitment Commissions
Affiliates get a 50% commission on assets invested by downline/recruited affiliates under the company’s referral commission system.
While the companies offer residual commissions, they pay affiliates a 1% commission on the profits of their downlines.
And the residual commission is based on the payoff, not the amount invested. The number of tiers at which YDYS pays referral commission has yet to be confirmed.
YDYS Trading Review – Is It Legit or a Scam? Find out!
YDYS Trading Platform is just a simple crypto Ponzi scheme. And this means that an affiliate’s investment keeps on advancing on the platform, the more the company will take 250% of the investments after 45DYS.
However, for YDYS Trading Investors, there haven’t been any new investments so far…
After the SEC’s warning, Hidalgo and YDYS marketers might face a twenty-one-year jail term or a $5 million PHP file (US$94,369 USD) if they continue to defraud, Hidalgo has reduced his scam.
Hidalgo issued an “extra staking package” on April 22nd, a day after the SEC’s warning:
Hidalgo stated on April 23rd that “several individuals went to” YDYS Trading’s headquarters in the Philippines.
It’s unclear if this was in reaction to the SEC’s fraud notice.
Hidalgo published a YDYS Trading “certificate of incorporation” on April 25th. In a sought to clarify the fact that the company was conducting securities fraud and operating unlawfully.
That’s not a replacement for SEC registration. Basic registration in any country is worthless when it comes to MLM due diligence.
YDYS Trading Review – Summary
Hidalgo announced on May 1st that YDYS Trading was encountering payment issues And then, YDYS Trading commenced selected payouts on May 30th. YDYS Trading is currently on Payment Request pressure as of June 5th.
Hidalgo states that his YDYS Trading Ponzi operation is “legally sound.” we think that this is due to YDYS Trading’s investment in combining products. Adding products to a Ponzi scheme doesn’t really make securities fraud legitimate, as the SEC warns.
The packaged items given by YDYS Trading appear to be quite comparable to those offered by Prime 98 Select.
Prime 98 Select seems to be an informal MLM opportunity that is mostly pushed through social networking sites in the Philippines.
We will not be in shock if Prime 98 Select’s goods and YDYS Trading’s investment product combinations have some overlap. In every regard, YDYS Trading’s withdrawal problems are indicative of a Pyramid scheme.
The small amount of money that came in during May appears to be for funding selected withdrawals. Hidalgo is likely hoping to resurrect fresh investment by making these outflows public.
That’s unlikely to happen with YDYS Trading’s 250% including ROI obligations every 45 days. Currently awaiting confirmation YDYS Trading has entirely collapsed, and logic assures that the vast majority of Ponzi scheme members will lose money.
Meanwhile, for more updates on MLM company’s reviews, you stay with us at TechSmoothy.com, and please don’t forget to share for others to learn.
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