Treasure NFT Fraud: How the Platform Operates Like a Ponzi Scheme

Treasure NFT has become a major topic of concern after multiple reports exposed the platform’s suspicious operations and Ponzi scheme–like structure. The company claims to offer AI-powered NFT trading with high daily and monthly returns, but deeper investigation reveals that these promises are unrealistic and built on tactics commonly used by fraudulent investment schemes.

Treasure NFT first attracted users by advertising daily profits between 4.3% and 6.8%, with the claim that investors could earn up to 30% every month. These numbers alone raised questions, as no legitimate NFT trading platform or financial service can guarantee such high and consistent returns. According to financial analysts, any company offering fixed profits at these levels is either misleading investors or depending on an unsustainable model. In Roman Urdu: “Aisi fixed high returns hamesha fraud ka signal hoti hain.”

The platform heavily targeted communities with limited access to financial awareness, including areas of Pakistan such as Balochistan, interior Sindh, and tribal regions. Instead of functioning as a real NFT marketplace, Treasure NFT relied on a referral-driven income structure. New members were required to bring in more investors, and the money collected from new participants was used to pay earlier users. This is the classic pattern of a Ponzi scheme, where profit appears to be real only as long as new people keep joining.

Several alarming discoveries surfaced once investigators reviewed the company’s background. Treasure NFT claims to be registered in Tempe, Arizona, yet the listed address leads to a Russian music academy. This mismatch raises significant doubt about the company’s authenticity. Even the LinkedIn profiles presented as the platform’s team were found to be fake, with no real identities, no verifiable career history, and no traceable founders behind the company.

Another major concern is the platform’s failure to release user funds. A growing number of users have reported that their accounts were frozen without warning. Withdrawal requests were either ignored, delayed indefinitely, or rejected without proper explanation. The lack of customer support and unresponsive communication further strengthened suspicions that the company is operating illegally.

Legitimate NFT platforms do not guarantee profits, nor do they rely on pyramid-style referrals to stay functional. Real businesses generate revenue through transactions, fees, and genuine market activity. Treasure NFT, however, appears to generate most of its income through member recruitment. Many of the positive testimonials circulating online were traced back to newly created accounts, indicating that fake reviews were being used to build false trust.

The company also claims to have a Money Services Business (MSB) license from FinCEN, but investigators noted that the evidence is weak and unverifiable. Meanwhile, regulatory authorities in India and West Bengal have reportedly opened investigations into the platform’s activities, signaling growing international concern.

The risks surrounding Treasure NFT are becoming increasingly clear. Financial experts strongly advise against investing in platforms that promise fixed returns, lack transparency, or depend heavily on referrals. Safe investments always come with clear documentation, real customer service, and verifiable company details. When these elements are missing, the chances of fraud increase significantly.

Treasure NFT serves as a reminder that online scams are evolving rapidly, and individuals must be cautious, especially in emerging industries like cryptocurrency and NFTs. Anyone considering such investments should conduct independent research, verify legal registrations, and avoid offers that seem “too good to be true.” Staying informed and cautious is the only way to avoid falling victim to schemes designed to exploit trust and financial vulnerability.