SaxAI provides bogus ownership and executive information on its website.

SaxAI operates from three known website domains:

  1. saxai.cloud (marketing) – privately registered on April 21st, 2025
  2. saxai.io (already abandoned) – privately registered on April 21st, 2025
  3. saxai.ai (app) – registered with bogus details on April 21st, 2025

On its marketing website, SaxAI cites Kris Marszalek as a co-founder:

Marszalek is CEO of Crypto.com and has nothing to do with SaxAI. The rest of SaxAI’s fake executives are also Crypto.com executives, complete with stolen profile photos.

This is in line with everything on SaxAI’s marketing website being straight baloney.

In an attempt to appear legitimate, SaxAI provides company registration details for SaxAI Financial Technology LLC. A FinCEN certificate is also provided.

Due to the ease with which scammers are able to incorporate shell companies with bogus details, for the purpose of MLM due-diligence these certificates are meaningless.

Within the context of MLM due-diligence, a FinCEN certificate is also meaningless. Anyone can register a shell company with bogus details and then register that shell company with FinCEN. FinCEN is not a financial regulator.

If we look at the source-code of SaxAI’s marketing website we find Chinese:

This suggests whoever is actually running SaxAI has ties to China.

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.

SaxAI’s Products

SaxAI has no retailable products or services.

Promoters are only able to market SaxAI promoter membership itself.

SaxAI’s Compensation Plan

SaxAI promoters invest 30 USDT or more. This is done on the promise of 60% to 200% a month.

Note that SaxAI pays referrals in its own SXX token. SXX must be converted back into USDT to withdraw within SaxAI’s app.

SaxAI hides referral commission rates from consumers, however these are typically paid down three levels of recruitment on invested USDT (unilevel):

Joining SaxAI

SaxAI promoter membership is free.

Full participation in the attached income opportunity requires a minimum 30 USDT investment.

SaxAI Conclusion

SaxAI is yet another “click a button” app Ponzi scheme.

SaxAI’s “click a button” Ponzi ruse is crypto mining of its SXX token:

The presented ruse is SaxAI promoters log in daily and click a button that stakes purportedly mined SXX tokens.

If that makes no sense it’s because it doesn’t. If SaxAI already has crypto mining operations set up, what do they need your money for?

In reality clicking a button in SaxAI’s app does nothing. All SaxAI does is recycle newly invested funds to pay earlier investors.

Examples of already collapsed “click a button” app Ponzis using the same cloud mining ruse are CNB Mining,  TronSoy and Mining Memes.

Since 2021 BehindMLM has documented hundreds of “click a button” app Ponzis. Most of them last a few weeks to a few months before collapsing.

“Click a button” app Ponzis disappear by disabling both their websites and app. This tends to happen without notice, leaving the majority of investors with a loss (inevitable Ponzi math).

In the lead up to a collapse, “click a button” Ponzi investors also tend to find their accounts locked. This typically coincides with a withdrawal request.

As part of a collapse, “click a button” Ponzi scammers often initiate recovery scams. This sees the scammers demand investors pay a fee to access funds and/or re enable withdrawals.

If any payments are made withdrawals remain disabled or the scammers cease communication.

Organized crime interests from China operate scam factories behind “click a button” Ponzis from south-east Asian countries.

In September 2024, the US Department of Treasury sanctioned Cambodian politician Ly Yong Phat over ties to Chinese human trafficking scam factories.

Through various companies he owns, Phat is alleged to shelter Chinese scammers operating out of Cambodia.

Myanmar claims to have deported over 50,000 Chinese scam factory scammers since October 2023. With “click a button” app scams continuing to feature on BehindMLM though, it is clearly not enough.

In late January 2025, Chinese ministry representatives visited Thailand. The stated aim of the visit was to tackle organized Chinese crime gangs operating from Myanmar.

In early February 2025, Thailand announced it had cut power, internet access and petrol supplies to Chinese scam factories operating across its border with Myanmar.

As of February 20th, Thai and Chinese authorities claim ten thousand trafficked hostages had been freed from Myanmar compounds.

Also on February 20th, five Chinese crime bosses were nabbed in a wider raid of four hundred and fifty arrests in the Philippines.

On March 19th it was reported that, despite the recent raids and arrests, “up to 100,000 people” are still working in Chinese Myanmar scam factories.

As of April 2025 and in response to a crackdown across Asia, newly opened Chinese scam factories have been reported in Nigeria, Angola and Brazil.

Myawaddy is an area in Myanmar along the Thai border. Myawaddy is under the control of the Karen National Army (KNA).

The KNA, led by warlord Chit Thu (right) and sons Saw Htoo Eh Moo and Saw Chit Chit, protect and profit from organized Chinese criminals running “click a button” Ponzi scam factories.

On May 5th the US imposed sanctions on Chit Thu (right).

The Treasury said the warlord, Saw Chit Thu, is a central figure in a network of illicit and highly lucrative cyberscam operations targeting Americans.

The move puts financial sanctions on Saw Chit Thu, the Karen National Army that he heads, and his two sons, Saw Htoo Eh Moo and Saw Chit Chit, the department said in a statement, freezing any U.S. assets they may hold and generally barring Americans from doing business with them.

Britain and the European Union have already imposed sanctions on Saw Chit Thu.

A May 25th report cites Myanmar and Loas as having “towering scam economies”. Cambodia however is reported to be a hotspot for Chinese criminal activity.

Cambodia is likely the absolute global epicentre of next-gen transnational fraud in 2025 and is certainly the country most primed for explosive growth going forward.

Cambodia is becoming the centre of an exploding global scam economy driven primarily by Chinese organised crime.

Chinese gangs are reported to operate in Cambodia under the protection of unnamed local politicians.

In June 2025, Amnesty International claimed Cambodia’s government was

“deliberately ignoring” abuses by cybercrime gangs who have trafficked people from across the world, including children, into slavery at brutal scam compounds.

The London-based group said in a report that it had identified 53 scam centres and dozens more suspected sites across the country, including the Southeast Asian nation’s capital, Phnom Penh.

The prison-like compounds were ringed by high fences with razor wire, guarded by armed men and staffed by trafficking victims forced to defraud people across the globe, it said, with those inside subjected to punishments including shocks from electric batons, confinement in dark rooms and beatings.

In July 2025 Cambodia arrested over 1000 cybercrime suspects. Twenty-seven of those arrested were members of Chinese criminal gangs.

In October 2025 US authorities announced the indictment of Chen Zhi, founder and Chairman of Prince Holding Group.

Zhi, originally from China but having obtained Cambodian citizenship at some point, is accused of being the “mastermind” behind Chinese organized crime operations in Cambodia.

“As alleged, the defendant was the mastermind behind a sprawling cyber-fraud empire operating under the Prince Group umbrella, a criminal enterprise built on human suffering.

Trafficked workers were confined in prison-like compounds and forced to carry out online scams on an industrial scale, preying on thousands worldwide, including many here in the United States,” said Assistant Attorney General for National Security John A. Eisenberg.

Individuals held against their will in the compounds engaged in cryptocurrency investment fraud schemes, known as “pig butchering” scams, that stole billions of dollars from victims in the United States and around the world.

Cambodia doesn’t have an extradition treaty with the US. As at time of publication, Chen Zhi remains at large.

On October 20th, Myanmar authorities announced seizure of thirty Starlink devices, used to provide internet services to scam compounds operating from KK Park.

KK Park is a notorious Chinese-run scam district operating from within Myanmar near the Thailand border.

On October 22nd Vorapak Tanyawong, Thailand’s deputy finance minister, resigned over alleged bribery from Chinese organized crime groups.

The “Whale Hunting” newsletter alleged that Vorapak’s wife was paid US$3 million in cryptocurrency this year by Chinese-Cambodian criminal networks that he was tasked to investigate as part of a government committee.

On October 31st Singapore announced it has seized $115 million tied to Chen Zhi’s Prince Group.

On November 3rd, Myanmar authorities announced they had been bombing buildings in KK Park for nine days. The bombings coincided with the arrest of 1600 foreigners fleeing the compound.

As of Monday morning 1,598 had been detained, 265 of them women, he said. An informed source said they came from 28 countries.

Regardless of which country they operate from, ultimately the same group of Chinese scammers are believed to be behind the “click a button” app Ponzi plague.