The Arbcore Ponzi scheme has collapsed. Investor withdrawals were disabled on or around April 25th.

Instead of being honest about running out of new money to fund withdrawals, Arbcore is stringing investors along with baloney about exchange API errors.

Arbcore was an MLM crypto Ponzi run by suspected Russian national Evgeny Levin.

Official Arbcore marketing webinars are scheduled on Moscow time.

As stated, Arbcore collapsed on or around April 25th. This is the first communication with investors following the collapse;

Since last evening, we have observed widespread API outages across a number of cryptocurrency exchanges; we have received no responses from these services up to this very moment.

Consequently, real-time data is currently not displaying on most pages within user dashboards. Information updates are temporarily unavailable due to the lack of a response from the exchange APIs.

As of now, we have confirmed the simultaneous suspension of accounts across 15 different exchanges.

Following the transfer of funds into pools as part of the ARB Boost campaign, we began receiving complaints from the exchanges, which subsequently led to the imposition of restrictions.

The assets currently displayed in user accounts have been temporarily moved to the “Earn” section. This measure was implemented solely to freeze and preserve accurate asset statistics while we conduct an internal investigation.

Moving monopoly money in Arbcore backoffices to “the earn section” prevents investors from withdrawing.

Our team is currently conducting a detailed analysis of the situation and is in active communication with representatives from the affected exchanges. Our primary priority is to identify the root causes of these account suspensions and to restore normal service operations.

On April 28th, Arbcore elaborated on its “API errors” exit-scam;

Assets—specifically BTC that was sent, circulated, and used for trading in pairs with other cryptocurrencies on the exchanges Bybit, MEXC, OKX, and others (a total of 17 crypto exchanges) during the period from April 21 to April 23, 2026—have been flagged as high-risk assets (based on their “Risk Score”) and frozen pending an investigation into the circumstances surrounding the receipt and origin of this “tainted cryptocurrency.”

All accounts and sub-accounts belonging to the Arb group of companies on these exchanges have been flagged as “toxic” and subsequently frozen; all incoming and outgoing transactions have been labeled as “High Risk,” based on the suspicion that these funds are linked to the dark web, mixers, sanctioned platforms, and similar entities.

Currently, formal inquiries submitted by the legal counsel for the companies and exchange account holders have been escalated to the Enhanced Due Diligence (EDD) compliance departments of the respective crypto exchanges.

These inquiries address the requirement to verify the Sources of Funds (SOF) and Sources of Wealth (SOW) in accordance with anti-money laundering regulations and established AML standards.

I’m pointing out the obvious here but MLM crypto Ponzi schemes don’t have money laundering controls or “AML standards”.

At time of publication there have been no further Arbcore exit-scam updates. Funds invested into the Ponzi scheme should be assumed lost.