Steve Colwill Busted Again: TetherBot Exit Scam + New LegitiMiners Ponzi Pitch

🚨 BREAKING UPDATE from The Crypto Ponzi Scheme Avenger – and this one’s a double feature.

I’m Danny de Hek — also known as The Crypto Ponzi Scheme Avenger — and today I’m bringing you a damning update on Steve Colwill (aka Digital Degen), one of the most shameless crypto scam promoters on YouTube and Telegram.

First, let’s talk about the TetherBot collapse.

🔻 UPDATE: TetherBot Has Vanished — Exit Scam Confirmed
As of April 27, 2025, the TetherBot.io website is completely offline, marking the official rug pull. All pending withdrawal requests were left stuck in limbo. The entire operation went dark — no warning, no refunds, and no explanation.

Victims are now coming forward.

👤 Brian reported:

“I waited until I hit $150 and tried to withdraw everything. My account was blocked and no money. Go figure.”

👤 SaltGrains confirmed:

“The entire TetherBot.io site is down & gone now. All the attempted withdrawals never left pending and it ended there with everyone robbed.”

This is exactly what we’ve been warning about — fake dashboards, fake AI claims, blocked withdrawals, and complete lack of transparency. And Steve Colwill was one of the loudest behind-the-scenes promoters, peddling this scheme in secret Telegram chats while pretending to “just be gambling.”

Now — as if that wasn’t enough — he’s back at it again.

⚠️ EXCLUSIVE: WhatsApp Leak Reveals Steve Colwill Pushing New Ponzi – LegitiMiners

Thanks to a brave whistleblower (alias “Crypto Contact”), we’ve obtained a WhatsApp conversation where Steve pitches an even more outrageous scheme called LegitiMiners. Here are the red flags, straight from the transcript:

💸 Steve’s Claims:

“You’ll earn 6.5%–7% daily on $100,000 deposits.”

“Coinpayments is our partner — they confirm all payouts.”

“You’ll get a 30% bonus if you act now.”

“We don’t pay for electricity — it’s all profit.”

“One-time deposit only — you can’t upgrade later.”

“No contracts needed — just trust the process.”

🤬 Sound familiar? That’s because these are classic Ponzi tactics:

Unrealistic ROI promises

Urgency pressure to lock in “bonuses”

Misuse of third-party names like Coinpayments to feign legitimacy

Refusal to provide any contracts or investor protections

In fact, when questioned, Steve openly admits the terms can change anytime, and that this offer comes with no guarantees — just vibes.

Let me be clear: This is NOT a legitimate mining project.
It’s another fabricated, unregulated, referral-driven scheme built to funnel cash from hopeful investors into a black hole.

📛 Let’s Break It Down:

🚩 6.5–7% DAILY returns? Impossible.
🚩 Zero electricity fees? Completely false.
🚩 Coinpayments “partnership”? Likely unauthorized name-dropping.
🚩 No contracts? No accountability.
🚩 One-time deposits only? That’s pressure manipulation, not finance.

This isn’t passive income.
This isn’t mining.
This is manipulation disguised as opportunity.

🎯 My Mission
My name is Danny de Hek, aka The Crypto Ponzi Scheme Avenger. I run this channel to expose the bottom-feeders of the crypto space who are bleeding mum-and-dad investors dry while calling it “education” or “entertainment.” If you’ve lost money to a scam or have evidence of another shady operator like Steve Colwill, please reach out.

The more we document and expose these operations, the harder it becomes for them to find their next victims.

💬 Comment below if you were impacted by TetherBot or approached with LegitiMiners.
📢 Share this video to prevent someone else from being scammed.
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