Berry affiliates who failed to pay up were threatened with account termination.
A new “loyalty program” was also announced, with the aim of screwing gullible investors out of an additional 500 USDT.
Berry’s loyalty program is scheduled to end on May 20th. That’ll probably be extended (the cashback reload scam was extended), after which Berry’s website will be taken down.
Basically it comes down to diminishing returns. Berry’s admins will continue to pump out new scams as long as enough gullible investors hand over more money – mostly because they think doing so will unlock withdrawal of money that doesn’t exist in their backoffices.
When that dries up, 404 website not found.
From what I’m seeing on social media it’s gradually being accepted that Berry was a Ponzi scheme. Certainly the recovery scams and IPO baloney have contributed to investors realizing they’ve been had.
The majority of Berry website traffic originates from Africa; South Africa (36%), Botswana (16%), the UK (12%), Rwanda (11%) and US (8%).
The language used by Berry certainly has an Asian engrish feel to it. I feel like this might be an evolution of the basic “click a button” Ponzi schemes run by Chinese scammers, but I haven’t seen variations of Berry emerge.
Bit of a novel idea, getting affiliates to log in and click buttons at certains times to get them to think they’re trading – but ultimately still theatrics to hide a Ponzi scheme.
Other than the aforementioned scam updates and Berry’s website eventually disappearing, not anticipating any substantial updates on this one.
Update 24th May 2023 – Berry appears to have dropped its IPO nonsense and wrapped up the recovery fees exit-scam.
As of May 23rd, gullible investors Berry remaining are now being subject to a forced conversion to BRY token.
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