What is the alleged business model of the Fun Coffee scheme?

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The Alleged Business Model of the Fun Coffee Scheme Involved Cryptocurrency Investments and Recruitment Incentives

The Fun Coffee scheme operated by requiring participants to download an application and deposit Tether (USDT), a cryptocurrency linked to the US dollar, into specific wallet addresses provided via the app. This investment platform promised exceptionally high returns and commissions, particularly for individuals who successfully recruited new members into the scheme. However, participants eventually found themselves unable to access or withdraw their invested funds.
Cryptocurrency Deposits and High Return Promises

Participants in the Fun Coffee scheme were instructed to install a dedicated application. Within this app, they were directed to transfer Tether (USDT), a stablecoin pegged to the US dollar, into designated wallet addresses. The scheme's allure was built upon the promise of unrealistically high returns on these investments, coupled with substantial commissions.
Recruitment-Based Commission Structure

A significant component of the Fun Coffee scheme's operational model involved incentivising the recruitment of new participants. Individuals were offered commissions for successfully bringing others into the platform, suggesting a multi-level marketing or pyramid structure. This focus on recruitment was a key element in its expansion and the attraction of further funds.
Inability to Withdraw Funds

Despite the initial promises of high returns and accessible capital, participants of the Fun Coffee scheme ultimately encountered a critical failure in the withdrawal process. Once funds were deposited, individuals discovered they were unable to retrieve their money, indicating a likely collapse of the investment structure and the inability to meet payout obligations.
Description as a Lifestyle Brand

Fun Coffee presented itself to the public as a "lifestyle brand combining coffee, wellness and digital innovation into a community experience." This branding aimed to position the entity as more than just an investment platform, attempting to create a broader appeal by integrating elements of lifestyle and community engagement.

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What is the alleged business model of the Fun Coffee scheme?

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