BTC Global Scam

Update: BTC Global Scam Collapses.

BTC Global (Steven Twain) guarantees 14% per week on your deposits.  I have one thing to say about this: nonsense. No legitimate investment can guarantee these types of returns. Here is a look into this scam.

BTC Global Scam Claims

BTC Global is a unique platform providing unmatched returns through legitimate Binary trading services.

We are backed by our founding trader at Steven Twain.

Steven has 6 years of experience trading binary options with consistent success, over the last 3 years he has started providing trading services for other large account holders ($10,000+ only).

Through our partnership with Steven, BTC Global have secured access to guaranteed 14% WEEKLY returns from as little as $1,000 in your account. We have also secured extra returns to pay out as referral commissions should you decide to share this opportunity with others!

There are very few legitimate opportunities to get the kind of returns on investment BTC Global is offering so we encourage you to get involved as soon as possible to avoid disappointment.

BTC Global Scam Presentation Video

BTC Global Scam Reality

BTC Global launched in 2017.  BTC Global claims to be the marketing arm of Steven Twain’s trading business.

Steven Twain does not seem to be a real person.  I was not able to find any trading history for Steven Twain.

They claim the following about Steven:

Steven has 6 years of experience trading binary options with consistent success, over the last 3 years he has started providing trading services for other large investors.

I was unable to find any of this history of trading.

Here is one of the comments I was able to find about Steven Twain:

Hello Steven Twain. There has been some rumbling in the jungle that you are a fictitious character, that you have been created by the people in South Africa who are called BTC Global. They created a facebook page for you, so prove that you are real by posting a video of yourself.. maybe even a live chat? You can’t do this, can you… because you don’t exist!! You are NOT a trader. You do not live in New York and did not attend the Miami Dade College.The BTC Global team LIES to the poor South Africans and they are worshiping you and throwing their life’s saving into this PONZI SCHEME. This is a disgusting thing to do as when this falls flat, many people will be left destitute. BTC GLOBAL and STEVEN TWAIN are FRAUDS.

There are TWO ways to earn in BTC Global.

1. RETURNS on Investment
This is very simply calculated at 14% of the dollar amount you invested weekly paid in BTC.

2. Team Shares or Commissions
This is earned MONTHLY on the people you recruit or refer.

You can only earn referral commission if you are active with a minimum of $1000 invested.

It looks like they are already having problems paying people:

It is my opinion, BTC Global is a Ponzi scam that includes an optional recruiting scam. No legitimate investment can offer the”guaranteed” returns that BTC Global offers.

Many Ponzi schemes share common characteristics. Look for these warning signs:

  • High investment returns with little or no risk. Every investment carries some degree of risk, and investments yielding higher returns typically involve more risk. Be highly suspicious of any “guaranteed” investment opportunity.
  • Overly consistent returns. Investment values tend to go up and down over time, especially those offering potentially high returns. Be suspect of an investment that continues to generate regular, positive returns regardless of overall market conditions.
  • Unregistered investments. Ponzi schemes typically involve investments that have not been registered with the SEC or with state regulators. Registration is important because it provides investors with access to key information about the company’s management, products, services, and finances.
  • Unlicensed sellers. Federal and state securities laws require investment professionals and their firms to be licensed or registered. Most Ponzi schemes involve unlicensed individuals or unregistered firms.
  • Secretive and/or complex strategies. Avoiding investments you do not understand, or for which you cannot get complete information, is a good rule of thumb.
  • Issues with paperwork. Do not accept excuses regarding why you cannot review information about an investment in writing. Also, account statement errors and inconsistencies may be signs that funds are not being invested as promised.
  • Difficulty receiving payments. Be suspicious if you do not receive a payment or have difficulty cashing out your investment. Keep in mind that Ponzi scheme promoters routinely encourage participants to “roll over” investments and sometimes promise returns offering even higher returns on the amount rolled over. – Source


It is free to join, but you must invest to make money.

Compensation Plan

BTC Global (Steven Twain) guarantees 14% per week on US Dollar value of your deposits.

To qualify for the referral program you need to refer a minimum of 5 people which will unlock Level 1 earnings. You would then earn 2% of your level 1 members invested capital. (This includes initial capital & any additional investments including automatic re investments).

Refering 15 people unlocks an additional level of earnings at 2%

Referring 30 people unlocks level 3 at 1%

Referring 50 people unlocks level 4 at 0.5%

Referring 100 people unlocks Level 5 at 0.25%

You can only earn referral commission if you are active with a minimum of $1000 invested.

– Source

Income Disclosure

Investments in financial products are subject to market risk. Some financial products, such as currency exchange and/or stocks, are highly speculative and any investment should only be done with risk capital. Past performance figures as well as any projection or forecast used in BTC Global are not necessarily indicative of future or likely performance of any investment products.

– Source

(This does not sound like guaranteed returns to me.)

BTC Global Scam Conclusion

In my opinion, BTC Global is a Ponzi scam with an optional recruiting scam included.  They use ridiculous rates of return to get people to invest in this scam. Their main trader seems to be a fake person with no verifiable trading history. They are already having problems paying people. They offer guaranteed returns that are not guaranteed.  I would avoid the BTC Global scam.