Your Gateway to Global Insights
MinerX fails to provide ownership or executive information on its website. MinerX’s website domain (“minerx.tech”), was privately registered on May 16th, 2024. MinerX’s official FaceBook page is managed from Thailand: MinerX marketing places its purported headquarters in Phuket: On October 1st, MinerX uploaded a video titled “MinerX Global Community Visit KL” to its YouTube…
The Ageeon MLM crypto trading Ponzi has collapsed. As per a communication sent out on December 16th, Ageeon advised investors that withdrawals are disabled. The presented ruse is that Ageeon’s “traders” and “financial department” are on holiday between December 16th and 25th. One could buy the “traders” ruse with the disabling of daily returns (that…
Indian authorities have raided the home of Gaurav Mehta, an audit company employee. The Central Bureau of Investigation has also issued a summons for Mehta. Indian authorities have been investigating Gain Bitcoin for years. Mehta’s name is reported to have come up in purported tapes of Maharashtra political leaders discussing the encashment of the cryptocurrency…
Eaconomy has received a securities fraud warning from the UK’s Financial Conduct Authority (FCA). As per the FCA’s November 25th, 2024 warning; [Eaconomy] may be providing or promoting financial services or products without our permission. You should avoid dealing with this firm and beware of scams. The FCA cites Eaconomy’s “eaconomy.best” website domain and UK…
Eaconomy has received a securities fraud warning from the Czech National Bank (CNB). As per the CNB’s November 11th, 2024 warning; The Czech National Bank draws the public’s attention to investment offers through the Eaconomy project from Eaconomy LLC, which does not have any license to provide investment services or any other license to operate…
The CFTC has been given permission to serve several The Traders Domain defendants via alternate service. Named defendants in the CFTC’s November 18th motion are all classified as “foreign defendants”. Ted Safranko – “a Canadian citizen with addresses in Ontario and British Columbia, Canada” Negus-Romvari – “a Canadian citizen who is currently believed to be…
StableDAO board member Nicholas Hofgren, aka Nick Hofgren, has been banned from holding executive positions in Guernsey. Specifically and for a period of fourteen years, in November 2022 the Guernsey Financial Services Commission prohibited Hofgren from holding the position of Controller, Director, Partner, Manager, Money Laundering Reporting Officer and Money Laundering Compliance Officer in relation…
Marcus Todd Brisco, a resident of Hawaii has settled SAEG fraud charges with the CFTC. SAEG was a Ponzi scheme tied to The Traders Domain, through which a number of MLM Ponzi schemes, among them OmegaPro, are believed to have been funneled into. Brisco, working with co-defendant Michael Shannon Sims, helped launder SAEG invested funds…
OakSmart has received a securities fraud desist and refrain order from California’s Department of Financial Protection and Innovation (DFPI). As per DFPI’s December 2nd issued order; Beginning at least as early as March 2024, OakSmart offered and sold securities in the form of investment contracts in California through general solicitations on its website. The Packages…
Disgraced MLM veteran Holton Buggs is shamelessly challenging the CFTC’s request for a Traders Domain preliminary injunction. Buggs, who is alleged to have misappropriated millions of dollars through Traders Domain, is the only defendant challenging proceedings. As per the CFTC, Buggs personally recruited “at least 517” investors, who together invested “no less than $54 million”…