USI-Tech
A Dubai-based MLM scheme that sold 'BTC packages' promising ~1% daily returns over 140 days plus referral commissions. In December 2017 the Texas State Securities Board issued an emergency cease-and-desist order alleging an unregistered, fraudulent securities offering; North American payouts stopped in early 2018 and the operation wound down.
Also known as: USI-Tech, USI Tech, USI-Tech Limited
Summary
USI-Tech marketed automated cryptocurrency and forex "trading" products, most notably "BTC packages" that promised fixed returns of roughly 1% per day for 140 days, alongside multi-level-marketing commissions for recruiting new investors. It solicited heavily through YouTube videos, standalone affiliate sites and online ads. [1][2]
Regulatory action and collapse
In December 2017 the Texas State Securities Board entered an Emergency Cease and Desist Order against USI-Tech Limited (based in Dubai) and U.S.-based sales agents, alleging they offered unregistered securities and made misleading claims about risk and guaranteed returns; other regulators issued warnings around the same period. North American users reported that BTC payouts stopped in January 2018, and by March 2018 the packages were no longer available — consistent with regulators' and analysts' characterization of the scheme as a Ponzi/MLM fraud. These are the regulators' allegations. [1][2]
Bracketed numbers refer to the numbered sources listed below.
Sources (2)
- Bitcoin Promoter USI-Tech Hit With Emergency Order — Texas State Securities Board
- USI-Tech securities fraud emergency cease and desist issued in Texas — BehindMLM
See also
- World Liberty Financial (WLFI) — Justin Sun token freezeProjectsWLFI, a DeFi project linked to Donald Trump and his family, blacklisted/froze the wallet of major investor Justin Sun in Sept 2025 — ~540–595M unlocked WLFI tokens (~$107M) plus ~2.4B locked. Sun sued, alleging an undisclosed admin 'blacklist backdoor'; WLFI denied it and threatened a countersuit. The dispute is ongoing.
- Gala Games exploitTokensOn May 20, 2024 an attacker abused a privileged minter account on the GALA token contract to mint 5 billion GALA (≈$200M+ nominal) and dumped ~600M of them for ~$22M of ETH before Gala froze the address. Gala Games called it an internal access-control failure; the attacker later returned the ~$22M.
- HEX / PulseChain (Richard Heart)
This page was last updated on Jun 15, 2026. View revision history.