AI Tiger review – A recycled arbitrage SCAM [beware]

In this review we address the AI Tiger scam that is pretending to be earning money in cryptocurrency arbitrage.

What is AI Tiger

AI Tiger says on its official website that it is the largest and most reliable cryptocurrency quantitative arbitrage platform in the world.

In simple terms, it does arbitrage trading with cryptocurrencies. It means profiting of differences in prices between various exchanges. It means buying one cryptocurrency for a lower price on one exchange and selling it for a higher price on another exchange.

AI Tiger promises that it will fully automate this process for you and earn you a lot of money. Daily returns can allegedly go up 2.5% and the highest promised monthly return we’ve seen is 90% with Bitcoin.

It all depends on how long is your “timelock” period. For example, if you lock your Bitcoin deposit for 60 days, the return will be 270%, which means 135% per month. With Ethereum, Doge, Litecoin and USDT the rates are lower.

AI Tiger claims to be a legitimate company registered in Denver, Colorado, United States, with a license from the FinCEN.

But is AI Tiger legit, can you trust it with your money?

AI Tiger is a scam, here is why

We made a detailed research about AI Tiger and we’ve come to the conclusion that it is a scam. It is a fraudulent platform that is just pretending arbitrage trading while being the same Ponzi scheme as the recently collapsed COTPS and Swapnex scams.

In this review we give you all the details you need to know about this house of cards that is doomed to collapse.

Fake company

Let’s start with a background check of AI Tiger Digital Token Tech Limited. The registration of the company in Colorado is real. However, it might surprise you, but this registration has no value whatsoever in terms of legitimacy.

In fact, anybody can do an online registration of a company. AI Tiger hired an agent to do the registration and the real name behind the company is ISROILOV SHOMURODJON. An online research about this name shows only one mention in Uzbekistan. But we can’t know if it is the same person.

What is more important, is that the registered address (1312 17th Street, Denver) of the AI Tiger company is in fact a rented mailbox at PostNet, as you can see in our picture below.

To sum this part up, AI Tiger is an empty company with a rented mailbox and just an online registration. There are no real people that you could join in case you have a problem.

Fake stats

AI Tiger says on its official website that it was founded in 2014, which obviously is a lie. The company registration in Colorado is from March 2022.

The domain of its official website at tiger10.com is older, but as you can see in the Web Archive, the website was for sale in December 2021.
It’s only in 2022 that the current website with the arbitrage trading service was established on that domain.

So no, AI Tiger certainly has not been around for 8 years like it would like you to believe. In fact, it is only 3 months old.

Meaningless FinCEN registration

Another official document that AI Tiger wants to impress you with, is the registration with the US FinCEN. It might surprise you, but it does not mean anything either.

Because a FinCEN registration works like this: As a company you fill in the FinCEN online form, submit it and they enter your information in their database. That’s it, nobody from the FinCEN verifies the veracity of the information you submitted, let alone the legitimacy of your business.

As you can see in our picture below, FinCEN confirmed this fact to us by e-mail.

In fact, the recently collapsed COTPS Ponzi had a FinCEN registration too, and it was an obvious scam from the beginning. Scams often abuse the FinCEN online registration, like for example Neumann Wallet.

Worthless AIT token

AI Tiger’s official presentation explains that the system works with its own AI Tiger quantitative currency token (AIT). It is supposed to be used for governance purposes and for payments.

But they immediately admit that it is an ERC 20 token, which means a crypto token issued in the Ethereum blockchain. Although they promise AIT will have its own blockchain.

It won’t. It is not clear to what degree the AIT token is already being used, but if it is being pushed upon users, it is just another mean to steal their money.

AI Tiger’s token is not traded on any real exchange, so any price attributed to it is completely artificial and decided by the scammers who run this whole scheme. You should stay away from their token.

Failed and lying roadmap

AI Tiger’s roadmap says that the first phase of AIT products happened in 2019. Which is a funny lie for two reasons.

They claim that the company is around from 2014, which we know is a lie, but even if it wasn’t, it took them 5 years to start with their products?

But we know that the company started only in March 2022, so the roadmap is completely fake.

Also, the roadmap suggests that the AIT token was supposed to become a “mainstream currency” in 2021, which obviously did not happen. As we already said, the token is not traded anywhere. It has no exchanges, no partners.

Dangerous mobile apps

AI Trader wants you to download a mobile app to start earning with them. However, the Android and Apple apps are not available in their respective official stores. You have to download them separately and install in your mobile device (a profile for iOS).

Which is extremely dangerous. A financial app that has not been approved by Google nor Apple for their official app stores is already a huge red flag.

Since nobody checked what the app is really doing, it could be backdoor to your mobile phone to steal money from your bank account for example. It could read your passwords and do all sorts of nasty things.
The conclusion is simple, do not install the AI Tiger mobile app to your mobile device, it is potentially extremely dangerous!

Fancy terms nonsense

While reading the official materials of AI Tiger, we had a good laugh. It looks like somebody who doesn’t know much about cryptocurrencies and financial trading found different terms from both worlds on the internet, sticked them together and threw them on the website.

They use terms such as “High frequency quantitative trading”, “Quantitative hedge-arbitrage model” or “One-click risk-free arbitrage”.

Which, simple put, is a bunch of nonsense. As we have already explained, arbitrage trading consists of buying one asset for a lower price on one exchange and selling this same asset for a higher price on a different exchange. The difference in price is your profit.

For that you need differences in prices to happen on different exchanges. It is something out of your control, you are just waiting for them to happen. So talking about high frequency quantitative trading in this regard is a total nonsense, because it applies to a whole different type of trading.

And don’t get us started on risk free trading. Or do you know what, do!

Trading is never risk free

AI Tiger claims that their system will let you earn money with risk-free arbitrage trading. But no such thing exists.

It is true that in arbitrage trading you are not speculating about the price going up or down. You just take advantage of different prices of one asset on different exchanges.

However, even this type of trading carries certain risks. Mainly because you have to move money between exchanges, which is a process that can go wrong for many reasons.

The typical one is that withdrawals or deposits stop working on one of the exchanges, which prevents you from completing the arbitrage circle. Or before you manage to move your money to the second exchange, the price changes and you no longer can profit, you can even lose money.

Also, crypto exchanges are notorious for their reliability issues, so sometimes you just can’t complete a trade. They also get hacked, etc., so there still is a fare share of risks involved in arbitrage trading.

And AI Tiger’s claim about keeping cryptos in cold wallets is laughable, because in arbitrage trading you need to have your tokens on exchanges, so you can’t use cold wallets.

Impossible profits – the big one

And finally, let’s get to perhaps the biggest reason why AI Tiger is a total scam. It’s the profits they promise.

You might not like reading it, but 2.5% daily or 135% monthly that is advertised by AI Tiger is something impossible to achieve in real cryptocurrency trading.

Arbitrage opportunities are not consistent, they appear much more in fast moving markets, which is not all the time. Also, they are limited by liquidity, so they are not scalable.

In fact, it is physically impossible to offer an arbitrage program to people and promise the same returns to everybody. For example, when you see a lower price of let’s say Bitcoin on one exchange, the amount of Bitcoins available at that lower price will always be limited.

You will only be able to buy so much before you equalize the ask price to what is normal on other exchanges.

So the more people participate in arbitrage trading, the lower the profits per person. It is as simple as that.

That is why people who find arbitrage opportunities trade them for themselves to maximize their profits, they don’t share them for free with others.

And on a more general note, no legit business can generate you 2% daily or 100% monthly. It is impossible. Any offer of that kind is a scam. Period.

How AI Tiger really works

AI Tiger is a scam. It is obviously trying to mimic other already failed arbitrage scams that we mentioned in this review. It is running a classic Ponzi scheme that just takes deposits from new members and divide them among older members.

To be clear, AI Tiger is not doing any arbitrage trading, or any legit business activity for that matter. It is just running an illegal financial pyramid that is sure to collapse. It is only a matter of time.

AI Tiger review – Conclusion

AI Tiger is a fake company, an illegal financial scheme and a scam. It is not doing any arbitrage trading, it is just redistributing money collected on deposits, which is a recipe for disaster. It is going to collapse and all the money will disappear, so you have to stay away from it.

Recently, there has been a surge of fraudulent cryptocurrency arbitrage platforms and AI Tiger is just one of them. It is a recycled concept that has already been proven to be unsustainable.