Polar Tensor AI-trading crypto platform disables withdrawals after returns and traffic slump
Jesse Singh's blog reported on 31 October 2026 that Polar Tensor, an AI-trading crypto platform, disabled withdrawals after a fall in reported returns and web traffic. The blog calls it an alleged Ponzi scheme; no court has made such a finding.
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Source: jessesingh.org Ā· published
What happened
Jesse Singh's MLM news blog reported on 31 October 2026 that Polar Tensor, a cryptocurrency platform that promoted AI-powered trading and weekly returns, had disabled withdrawals. According to the blog, Polar Tensor told its community on 30 October 2026 that it had found āanomaliesā in trading activity and was temporarily closing new deposits while its technical and trading teams examined the transactions. Investors were reportedly unable to withdraw funds, and the information supplied gave no date for withdrawals to resume. The blog stresses that the cause of the anomalies has not been independently established.
How the scam works
The blog describes a slide in the figures that investors were shown. It says promotional material in March 2026 described weekly returns of around 7.58%, while Polar Tensor reported an ROI of just 0.1% for 19 to 23 October. It cites Similarweb estimates of website visits falling from about 156,400 in July to about 70,200 in September, with about 97% of the September visits from Germany. It also says the Facebook page linked from the website had been deleted and the YouTube channel's latest upload was about eight months old, and that warnings about the platform had been issued in Alberta, British Columbia, Quebec, Hong Kong and Georgia. The blog notes that wording and findings differ between regulators and tells readers to check the original notices.
The blog calls Polar Tensor an alleged MLM crypto Ponzi scheme but adds that a withdrawal freeze alone does not prove one, and that there is no audited record or court finding showing its financial structure. These are the blog's allegations and concerns, not established findings.
Its general advice is that disabled withdrawals are a serious warning sign: a balance that cannot be redeemed is only a number on a screen, and recovery agents sometimes approach people in this situation.
Source
Jesse Singh, āPolar Tensor Collapse: Withdrawals Disabled After ROI Declineā, MLM News blog, 31 October 2026. The blog's reporting has not been independently verified by scammers.com.
Red flags
- Weekly returns advertised in the high single digits for an āAI tradingā product.
- Reported payouts that fall sharply below the returns that were promoted.
- Withdrawals disabled or deposits closed with vague āanomaliesā and no resume date.
- Official social-media pages deleted or left inactive while investors have questions.
- Recruitment-led, MLM-style promotion and regulator warnings in several places.
If you were targeted
- 1If you have funds on Polar Tensor, save screenshots, transaction records, wallet addresses and the 30 October announcement.
- 2Do not send more crypto to anyone promising to unlock your account or speed up withdrawals.
- 3Be wary of unofficial āsupportā staff and recovery services that contact you first.
- 4Check regulator notices (such as those in Alberta, British Columbia, Quebec and Hong Kong) before putting money into a platform.
- 5Report suspected misconduct to your securities regulator or local police.