On July 24, 2025, Belgium’s Financial Services and Markets Authority (FSMA) listed MTS Foundation and ToFro as “fraudulent trading platforms,” warning investors of their deceptive promises of quick profits, per behindmlm.com. These platforms lured users with high-return claims but were sophisticated Ponzi schemes, leading to significant financial losses, per. MTS Foundation, a “click a button” app Ponzi, used a fake trading signals ruse via ToFro, a sham crypto exchange operated by the same scammers, per.
MTS Foundation collapsed in June or July 2025, with its website (mts-foundation-usa.com) disabled by early August, per. ToFro’s sites (tofro.com, tofro.pro, others) remain online but are non-functional without MTS, per. Promoted as a crypto copy trading platform under a fictitious Harris Levy, MTS used a Martingale system to escalate losses, per. These “click a button” scams, linked to Chinese organized crime in Asia, have defrauded investors since 2021, per. The Netherlands’ AFM also flagged MTS as a boiler room scam on June 16, 2025, per.
MTS and ToFro enticed users with 1.5% daily returns and MLM recruitment bonuses, but imposed 5–15% withdrawal fees to trap funds, per. Their apps, sideloaded via risky .apk and .mobileconfig files, posed malware threats, per. Nigeria saw significant losses, with MTS/ToFro locking out users by April 19, 2025, per. The SEC Nigeria and EFCC are investigating, per, amid broader crackdowns on scams like Avlitex, per. Bitcoin ($117,939) and the $4.15T crypto market remain unaffected, per CoinMarketCap.
Victims should cease transactions, contact FSMA or local authorities, and avoid “recovery room” scams, per. Verify platforms via fsma.be or sec.gov before investing. Diversifying into BTC or USDC, with stop-losses below $112,000, hedges risks, per TradingView. Follow @TheBlock__ on X for updates. With SEC’s pro-crypto shift under Paul Atkins, per wp.nyu.edu, and global MLM crackdowns, per fiu.gov.vu, vigilance against scams like MTS/ToFro is crucial in 2025.
