Altrady Crypto Bot Scheme: What Victims Need to Know

Altrady markets AI trading bots promising returns of up to 300%, but investigators say it shows all the hallmarks of an MLM Ponzi scheme targeting crypto investors worldwide.

By DefendMe Editorial, Editorial Team · · Hot News

A Netherlands-registered company called Altrady B.V. has been attracting cryptocurrency investors with promises of extraordinary daily returns powered by automated trading bots. according to publicly available records, the platform exhibits the classic warning signs of an MLM Ponzi scheme, leaving participants at serious financial risk.

Who Is Behind Altrady?

Altrady was founded by Benoist Claassen, who also serves as its CEO and has promoted the platform on YouTube under the handle "CryptoTradingDev" since at least 2021. The company also lists Catalin Boruga as Chief Marketing Officer. The domain altrady.com was registered in December 2018, though DefendMe analysts' investigation found no clear evidence that the platform launched with a multi-level marketing component from the beginning.

What Altrady Promises Investors

Altrady asks participants to invest Tether (USDT) in exchange for a promised 300% return on investment. The platform markets two main products:

Investment tiers range from 30 USDT (promised return of 90 USDT) all the way up to 5,000 USDT (with a promised return of 25,000 USDT).

The MLM Recruitment Layer

Beyond the bot returns, Altrady operates an aggressive multi-level recruitment structure. Our investigation found that participants earn referral commissions on the investments of people they recruit, across up to eight levels deep in a unilevel team structure. Commission rates range from 8% on direct recruits down to 0.5% at deeper levels.

The platform also features two separate rank systems, with weekly bonuses reaching up to 1,500 USDT and daily rank achievement bonuses reaching up to 2,000 USDT for top recruiters. Crucially, qualifying for higher ranks requires both personal investment and generating large volumes of downline investment, meaning the system rewards recruitment above all else.

Why Investigators Call It a Ponzi Scheme

DefendMe analysts' investigation found no evidence that Altrady sells any product or service to retail customers outside of the membership itself. This is a critical red flag. When a platform has no external revenue source, the only money available to pay returns to existing participants comes from the investments of new recruits. That structure is the definition of a Ponzi scheme.

The investigation also raised a straightforward logical question: if these trading bots genuinely produced 1% to 4% daily returns, the operators would have no financial reason to solicit investments from the public. A modest starting amount compounded at those rates over two years would generate enormous wealth independently.

Adding to the concerns, our review noted that Altrady's official marketing materials appeared to carry naming references to EazyBot, a separate MLM crypto trading scheme. This raises questions about whether Altrady was modeled on, or connected to, other similar operations.

Regulatory Red Flags

Offering investment returns tied to automated trading constitutes a securities offering in most jurisdictions. DefendMe analysts' investigation found no evidence that Altrady has registered its securities offering anywhere, including the Netherlands, where the Dutch Authority for the Financial Markets (AFM) regulates such activities.

Traffic data from April 2026 showed Altrady's website attracting visitors primarily from the United States (19%), Belgium (17%), and Germany (6%). The platform appears unregistered as a securities issuer in all three countries, exposing both the operators and potentially the recruiters to serious legal liability.

What Happens When a Ponzi Collapses

Ponzi schemes do not fail randomly. They collapse mathematically when recruitment slows and new investment can no longer cover the returns owed to existing participants. At that point, the operators typically disappear, withdrawals freeze, and the majority of participants lose their money. Those who joined later in the scheme almost always suffer the largest losses.

What Victims Can Do Right Now

If you or someone you know has invested in Altrady, there are steps worth taking immediately:

DefendMe Global assists victims of crypto fraud, MLM investment schemes, and online financial scams with criminal complaints, asset recovery cases, and potential class action coordination. If you have lost funds through Altrady or a similar platform, contact DefendMe Services today to discuss your situation and understand your options.

Source: https://behindmlm.com/mlm-reviews/altrady-review-ai-trading-bot-mlm-crypto-ponzi/

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