Tethex has been identified as a risky opportunity by Intelligence Commissioner users. It is similar to AitiMart. We’ve received over 4 complaints against Tethex.
Tethex’s website doesn’t disclose ownership or leadership, which worries investors. The operators of “tethex.io,” registered on November 17, 2023, remain nameless. Social media links to a vKontakte profile, a Telegram account named “tethex_ru,” and Instagram and YouTube marketing materials suggest a substantial Russian influence. On February 13, 2024, the Central Bank of Russia warned of pyramid fraud due to this association. Tethex also recommends Dubai connections, expanding its global presence. However, the affiliate membership focus, absence of product or service details, and tier-based compensation plan raise concerns. The scheme’s complex structure and lack of governmental control suggest Ponzi or pyramid scams, therefore investors should be cautious.
Get Your Money Back From These Scammers!
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Key Takeaways
Is Tethex Regulated? Do They Have a License?
The Tethex website doesn’t show any information about who owns it or who runs it, which is an example of opacity. TethEx’s domain name, “tethex.io,” was registered with privacy settings on November 17, 2023. This doesn’t reveal much about the people running the business.
Links to social media accounts on the website, such as a vKontakte profile and a Telegram account under the name “tethex_ru,” and marketing content in Russian on the official Instagram account and YouTube channel, give more information about the organization’s main purpose.
These factors highly suggest that Russia is involved in Tethex’s work. The link to Russia is further strengthened by the fact that regulatory bodies in Russia have been paying attention to Tethex. On February 13, 2024, the Central Bank of Russia issued a warning for pyramid theft. Along with its apparent ties to Russia, Tethex also says it has links to Dubai, which adds to its global reach.
Tethex has investment plans with daily returns, fees for referrals, and different ways to pay. But people who want to invest should be careful of red flags like returns that are too good to be true, a lack of regulation, and no protection for the principal.
These could be signs of risks like Ponzi or pyramid scheme structures and market volatility.
The lack of regulation or the presence of poor regulation is a huge red flag. It means Tethex is a scam and most likely, an illegal operation.
Companies offering investment services or opportunities without having a license can vanish without leaving a trace. Furthermore, the lack of a regulatory license allows them to get away with it and face no legal consequences.
That’s why it’s vital for you to always check a company’s regulation status as well as its license information. The presence of a license allows consumers to reach out to an authority if something goes wrong.
In the case of Tethex, victims have nowhere to go due to the absence of a watchdog or license.
You should ask yourself the following questions when you come across a new investment firm or opportunity:
- Does the investment provider maintain transparency about its CEO?
- Do they have a license from a renowned regulatory authority?
- If the need arises, can I reach out to an authority to report this company as a scam?
Trading Conditions and Deposit/Withdrawal Methods at Tethex
TethEx distinguishes itself by not providing any retail products or services. The key offer to potential participants is the possibility to become an affiliate member, which is the only feature that affiliates can promote directly.
Compensation Plan
Tethex’s compensation scheme, which is based on investment tiers, is crucial to the company’s business model. Affiliates can invest in tether (USDT) and expect to earn passive daily returns.
Here’s a table representing the investment tiers and their respective daily returns:
| Tier | Minimum Investment (USDT) | Daily Return (%) |
|---|---|---|
| Bronze | 100 | 0.97 |
| Silver | 1,000 | 1.05 |
| Gold | 10,000 | 1.13 |
| Diamond | 100,000 | 1.15 |
Once affiliates have earned a 200% return on their investment, they must reinvest to continue earning. Tethex also includes a multi-level marketing (MLM) component that compensates affiliates for recruiting new investors.
Affiliate Rankings and Qualifications
Tethex’s system has twelve different affiliate ranks, each with its own investment and downline investment volume requirements, ranging from an Agent with a minimum investment of 100 USDT to a Co-Founder who must invest 150,000 USDT and earn 10,000,000 USDT in downline investment volume. Maintaining active investments is critical to rank qualifying.
Referral Commissions
Tethex offers referral commissions based on affiliate rank, with Agents starting at 3% and Co-Founders earning up to 21%. Higher-ranked affiliates earn the difference in commission rates among their downline members, ensuring that the overall commission does not exceed 21%.
ROI Match
A unilevel compensation structure is utilized to pay a ROI match of 3% of daily returns for up to five levels of recruiting, with the percentage and levels determined by the affiliate’s rank.
Rank Achievement Bonuses
Affiliates that reach the Mentor rank or higher get one-time Rank Achievement Bonuses, which grow dramatically with each rank, ending in a 400,000 USDT benefit for Co-Founders.
Director Bonuses
Additional bonuses are possible for Director Regional and above ranks, including earnings matching on bonuses provided to personally recruited affiliates at equivalent or higher levels.
While being a Tethex affiliate is free, full participation in the revenue possibility necessitates an initial commitment of 100 USDT.
However, it’s worth noting that many scammers disable their payment channels before shutting down their operations.
They might give you multiple reasons including:
- A technical error
- A glitch in their system
- Banking issues
- A “hacking attack”
And many others.
But in 9/10 cases, the scammers actually stop making payments and keep the money to themselves. Hence, the payment methods we discussed here might not work.
If you want to get your money back from a scammer, you’d need to file a chargeback.
Tethex Customer Service: Do They Handle Complaints Well?
When it comes to scammers, you should only measure the quality of their customer service if they respond to your complaint.
In the beginning, scammers tend to remain very accessible.
This means their representatives will keep calling you until you invest with them. Furthermore, they will act friendly and make it seem as if you’re one of their most valuable consumers.
However, they do all this just to win your trust.
Scammers understand that in order to convince someone to give them a large sum, they will need to seem like a friend.
Nevertheless, when you have invested a considerable amount of money and need to get it back, their customer support will become inaccessible.
All of a sudden, their numbers would either stop responding or become unavailable.
Still, they might remain accessible to convince you to invest further. Also, they might begin by making a few excuses regarding your payment.
However, in the end, the customer support won’t resolve your issues and become increasingly unavailable.
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Tethex Reviews: What Do Others Say?
It’s worth noting that many scammers tend to purchase fake reviews. Buying fake reviews has become extremely easy and it’s a multi-million dollar industry.
Scammers like Tethex tend to purchase fake reviews for their online profiles to make themselves seem more credible.
TIME Magazine investigated the fake review industry and estimated it to be worth more than $150 million. Certainly, there are a ton of scammers who want to seem legitimate and a bunch of fake reviews is the most effective way to do so.
That’s why you shouldn’t trust Tethex reviews easily.
It’s easy to identify fake reviews as well. You should look out for 5-star reviews that are posted by temporary accounts (profiles which only posted 1 or 2 reviews on the platform). Also, you should see if the positive reviews share any detailed information about their experience with the firm or not.
In the case of Tethex, chances are, you wouldn’t find many legitimate reviews.
Another prominent way scammers like Tethex enhance their credibility is by burying negative reviews and complaints under a lot of fake reviews.
This way, when you’ll look up “Tethex reviews”, you might not find many complaints. Or, you might find them buried within numerous reviews praising Tethex.
You should always look out for consumer complaints. In the case of Tethex, the most common complaints I found were about:
- Poor customer support
- Delays in payments
- High fees and charges
- Lack of transparency regarding their leadership team
- Aggressive sales staff
Do you have a similar complaint about Tethex? You can share your complaint in the comment section or submit an anonymous tip.
Is Tethex Legit Or Scam?
Tethex operates without a distinct Ponzi scheme ploy, saying that its profits are created by “the company’s activities.” However, it appears that the principal source of revenue is new investment.
If Tethex uses new investment funds to pay affiliate withdrawals, it would be classified as a Ponzi scheme. Furthermore, the MLM portion of the business model resembles a pyramid scam, as evidenced by warnings from regulatory agencies such as the Central Bank of Russia.
Tethex is an unregulated entity. Although they might fall under the jurisdiction of a watchdog, they don’t have the license to offer financial services to consumers.
The lack of a license means they are not answerable to any regulatory authority. As a result, the people behind Tethex can run away with your money without any prior notice. You should be extremely cautious when dealing with an unregulated service provider.
The absence of a watchdog also means you cannot report to them to anyone.
Also, due to the absence of specific regulations, there is no provision protecting you from the insolvency of this entity. If they go bankrupt, you won’t be able to do anything about it.
Can You Trust Tethex?
All the evidence suggests that Tethex is a scam. If you have lost money to them, there is still a chance you can get it back.
To recover your funds, you’d need to file a chargeback.
Frequently Asked Questions
Is Tethex a scam?
Can I withdraw money from Tethex?
Where is Tethex Located?
How do I get my money back from Tethex?
How The Tethex Online Scam Works
Intelligence Commissioner investigates & reviews online money-making opportunities. We strive to provide critically helpful information to our readers and assist them in identifying scams. 
