companies @ BehindMLM

Noted as far back as May, BitClub Network defendant Joby Weeks has been flooding his criminal case docket with motions and notices. Most of the motions aren’t worth reporting in one of the motions Weeks sought to withdraw his guilty plea.

AM, or Alpha Metrics Engine, fails to provide ownership or executive information on its website. AM’s website domain (“amengine.cc”), was registered in October 2024. The private registration was last updated on October 12th, 2025. If we look at AM’s website source-code, we find Chinese: This suggests whoever is running AM has ties to China. As [Continue reading…]

The third iteration of iGenius’ CoinPro offering sees it partnering up with Blue Square Wealth, an SEC-registered US firm.

Serial MLM crypto scammer Nicholas Coppola has received a two year suspended prison sentence. Following victim complaints that prompted an investigation, authorities allege Coppola defrauded eighteen investors out of €400,000 EUR. Following his arrest last December in Italy, Coppola’s trial was scheduled for October 2025.

HelloBit has received a second securities fraud warning from Spain’s Comision Nacional del Mercado de Valores (CNMV). As per CNMV’s October 20th HelloBit warning;

Meta Whale has received a pyramid scheme fraud warning from Slovenia’s Securities Market Agency (ATVP). As per ATVP’s October 6th Meta Whale warning;

On the heels of MetaMask flagging DAO1 back in July, Xova has been launched. Xova operates from the website domain “xovawallet.com”, privately registered on August 22nd, 2025. No ownership details are provided on Xova’s website. If we visit Xova’s Google Play Store app page however, we learn the app was developed by Swed Schield AG:

Two Fintoch admins have been arrested in China and Thailand. As reported by Khaosod English on October 29th;

Bit Mining fails to provide ownership or executive information on its website. Bit Mining’s website domain (“betmee.com”), was privately registered on August 12th, 2025. As always, if an MLM company is not openly upfront about who is running or owns it, think long and hard about joining and/or handing over any money.

Driven Trading’s Cory Kromray has pled guilty to wire fraud and money laundering. Following an indictment back in May, Kromray’s guilty plea was submitted on October 10th.