Bellator Life has received a securities fraud warning from the Australian Securities and Investments Commission (ASIC).

ASIC added Bellator Life to its Investor Alert List on October 23rd, 2025.

[Bellator Life] may be offering or advertising, or may have offered or advertised, financial services to Australian consumers.

It does not hold an Australian financial services licence or Australian credit licence from ASIC, and is not authorised by a licensee.

ASIC cites Bellator Life through a Hong Kong corporate address. Bellator Life’s YouTube channel and Twitter profile are also flagged.

Bellator Life is a continuation of securities fraud started with the collapsed CashFlow NFT Ponzi scheme.

Entities related to Bellator Life include Miracle Cash & More, which New Zealand issued a fraud warning against in June 2025.

Bellator Life is fronted by former OneCoin Ponzi promoter Micah Theard:

MiracleCash & More is fronted by convicted fraudster Hakan Torehan:

Like CashFlow NFT, Bellator Life is an MLM crypto Ponzi. Since launch, Bellator Life has:

As of September 2022, SimilarWeb was tracking ~202,000 monthly visits to Bellator Life’s website. Top sources of Bellator Life website traffic are the US (71%) and the Dominican Republic (29%).

In addition to Australia, Bellator Life is not registered to offer securities in either the US or the Dominican Republic.