Crowd1, a notorious MLM Ponzi scheme, is directing its Director and higher-ranked promoters to register for Tag Markets, an unregistered trading platform, through their Crowd1 back office, per. Official marketing materials instruct investors to access a “promotional pop-up” button labeled “explore Tag Markets,” leading to account creation with personal data for KYC, per. New investments in Tag Markets require matching with “corebit” (CBIT) tokens from a prior collapsed Crowd1 staking scheme, per. This integration suggests a funneling of Crowd1 victims into Tag Markets’ “Sonic AI Copytrader” for passive income, per.
Tag Markets, operated by T.M. Financials Ltd (Mauritius) and Tag Markets Ltd (Saint Lucia), offers unlicensed crypto services, including DeFi staking, per. The Netherlands’ AFM issued a fraud warning in July 2025 against T.M. Financials Ltd h.o.d. Tag Markets Ltd for operating without authorization, labeling it a potential boilerroom scam, per. Similar warnings from multiple regulators highlight its ties to shell companies in “dodgy jurisdictions,” per. Investors must own a Crowd1 “Elements Pack” (Earth or higher), meet activity points, and recruit new victims, with an MLM compensation plan attached, per.
Crowd1, launched in 2019 by Swedish national Jonas Eric Werner hiding in Dubai, is a multi-rebooted Ponzi scheme that defrauded investors through virtual shares and crypto ruses, per. Werner’s accomplices were sentenced to prison in Sweden in May 2025, per. The scheme has faced warnings from regulators worldwide, including Russia labeling it a pyramid, per. Tag Markets’ integration likely commissions Werner on new funds, per.
Handing over KYC data to Tag Markets poses identity theft risks, per. Investors face total loss of funds, compounded by Crowd1’s history of collapses and recruitment demands, per. Website traffic for Blockchain Sports (Crowd1-related) is low, mainly from Belarus (56%), US (29%), and Germany (15%), per. Similar schemes like Forsage show ongoing MLM fraud patterns, per.
