Edain has received a pyramid scheme fraud warning from the Central Bank of Russia.

As per the CBR’s March 30th warning, Edain “exhibits signs of a financial pyramid”.

The CBR’s warning identifies two domains associated with Edain; “shop.zixxar.net” and “shop.edain.ai”.

The Zixxar domain appears to provide backoffice functionality for Edain:

Alexa only ranks Austria as a notable source of traffic to the domain (15%).

“Edain.ai” is Edain’s primary website domain. Traffic peaked in early February and has since gone into decline.

Edain is a smart-contract Ponzi scheme run by co-founders Hardy F. Schloer, Adela Fofiu and Mihai Spariosu.

Back when BehindMLM reviewed Edain last November, Ukraine was ranked as the top source of traffic (46%).

Edain recruitment in Ukraine appears to have collapsed prior to the recent Russian invasion.