Axiome has received a pyramid fraud warning from Russia.

As per the Central Bank of Russia’s August 15th warning, Axiome exhibits “signs of a financial pyramid”.

Axiome is an MLM crypto Ponzi built around AXM tokens.

Since publication of BehindMLM’s Axiome review in June 2024, Axiome now discloses its CEO Alex Scheck on its website.

Axiome’s website cites Scheck as a “serial entrepreneur” and “investor in blockchain”.

Scheck appears to an actual person from Germany:

Bit odd for a German to be fronting a Russian Ponzi so I’m guessing Scheck’s involvement is mostly for show.

Other executives now named on Axiome’s website include:

  • Evgeny Sakirkin – CTO
  • Willi Kellich – CFO
  • Yusuf Bilgic – Non-Executive Director
  • Charles Belford – Chief Risk and Trading Officer

As of June 2024 SimilarWeb tracked Russia as the top source of its website traffic. Axiome website traffic dropped 47% month on month through July, leaving SimilarWeb unable to put together an accurate geo breakdown.

CBR’s Axiome fraud warning however suggests Axiome is still primarily being promoted in Russia.