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Sometime over the last few days the SofTrade AI Ponzi scheme has collapsed.

At the time of publication SofTrade AI’s website is unresponsive. The company’s fake CEO Ryan Baines has disappeared.

Yeah, I’m just as shocked as you are.

From what I’ve been able to piece together, SofTrade AI stopped paying withdrawals a few weeks back.

On April 12th Ryan Baines changed the company’s official Facebook pages from “SofTradeAI Trading Academy” and “SofTradeAI Global” to “Trading Academy” and “Online Investment Business” respectively.

The fake Ryan Baines Facebook profile is still up, although it’s been scrubbed back to February 2nd.

SofTrade AI launched earlier this year and promised investors 2% to 4% daily returns.

Ryan Baines was outed as actor Marko Stevic in February.

After he was outted by this, Baines account attempted to reassure investors:

So now just over a month later, this company disappears and the website is down.

Total amount of losses is unknown.

It seems to me whoever ran this company to be based out of eastern Europe, so there won’t be any regulatory action against them.

Anyway, bottom line is don’t join ponzi scams…



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-Jesse Singh

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