My name is Danny de Hek, aka The Crypto Ponzi Scheme Avenger, and I’ve been exposing scams and Ponzi schemes for years.
Today, I’m putting the spotlight on yet another crypto fraud—CORE VARIOUS. If you’ve been considering investing in this platform, stop now and read this before you lose your money.
Core Various – The First Red Flag? Their Website is Down!
Before we even get into the details, I tried accessing CoreVarious.com, and guess what? The website is not even accessible. For a supposedly legitimate company that claims to be a “worldwide legal company with a professional team,” this is a massive red flag.
But let’s break down what makes CORE VARIOUS a textbook Ponzi scheme.
The Classic Ponzi Formula – “Guaranteed” Unlimited Earnings
CORE VARIOUS promises “unlimited earnings with always growing rates” and claims that it will “multiply your funds without any risks.”
Fact: There is no such thing as an investment that grows indefinitely without risk. If this were real, banks and hedge funds would be all over it. Instead, it’s an obvious lie meant to lure in gullible investors.
Multi-Level Referral Scheme – Just MLM Wrapped in Crypto
One of the biggest Ponzi indicators is their 11-level deep referral system:
“Get free 10 Core Rewards by free registration and also get benefit of free referral program up to 11 Levels.”
This means you don’t make money from actual investments, but from recruiting more people into the scam. The moment recruitment slows, the entire system collapses—just like every Ponzi scheme before it.
It gets worse. They even have no earnings cap:
“There is no capping in magic income. It will be distributed up to unlimited Depth of Levels.”
Fact: No legitimate business offers unlimited earnings from recruitment. That’s a classic pyramid structure, not investing.
“Smart Contract” Lies – Blockchain Doesn’t Prevent Scams
CORE VARIOUS tries to fool people into thinking that because they use smart contracts, they cannot be a scam:
“Scam is impossible! Smart-contract technology ensures full safety of all participants’ funds.”
Fact: A smart contract is just computer code—it doesn’t stop a Ponzi scheme from being a Ponzi scheme. If the code is designed to steal funds or only pay out early investors, it’s still a scam. Blockchain doesn’t magically make a fraud legitimate.
Fake Claims of Legitimacy – Where’s the Proof?
They state:
“We are the officially registered company.”
Yet, they provide no company registration details, no office address, no real team members—nothing. Scams love to throw in the word “registered” to sound official, but without proof, it’s just another lie.
“Magic Income” and “Pre-Launch Bonanza” – More Meaningless Hype
“Magic Income will be distributed Weekly Basis according to your Front Business Legs.”
What on earth is “Magic Income”? That’s not an investment term, that’s a gimmick. Scammers invent flashy names to make their schemes sound innovative, but they never explain how profits are actually made.
They also dangle a pre-launch bonus to suck people in early:
“Pre Launching Program – Get 100% Direct income from your Active Direct’s Upgraded Package.”
Fact: This is just a classic bait-and-switch tactic. They dangle rewards in the early stages to make the platform look successful, but once enough people are in, the money stops flowing.
The Final Nail in the Coffin – Mandatory Wallet Connection
CORE VARIOUS requires you to connect your Metamask or a DApp wallet:
“Please Connect To Metamask or any other dapp:wallet must has at least one account.”
Fact: Forcing users to connect wallets can be a way to steal funds via malicious smart contracts. Once you connect, they could drain your assets or lock your funds inside their scam.
⚰ Conclusion: 100% SCAM. Avoid at All Costs.
CORE VARIOUS ticks every box of an MLM Ponzi crypto scam: ✅ Guaranteed returns without risk – Impossible. ✅ Recruitment-based earnings – Pyramid scheme. ✅ Smart contract deception – Blockchain doesn’t prevent fraud. ✅ No real company details – Fake legitimacy. ✅ Meaningless jargon – “Magic Income” = scam. ✅ Website down – Already collapsing?
This is yet another crypto Ponzi scam preying on gullible investors. If you know anyone considering putting money into CORE VARIOUS, warn them now. Once these scams collapse, victims lose everything.
As always, stay vigilant, do your research, and remember: if it sounds too good to be true, it’s a scam.
I’m Danny de Hek, aka The Crypto Ponzi Scheme Avenger. My mission is to expose scams and protect everyday investors from losing their hard-earned money to these criminals. If you come across a potential scam, let me know—I’ll dig deep and bring the truth to light!
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