Zionix Global has collapsed for a second time.

On or around December 1st, CEO Jenna Zwagil sent out an email advising investors that, unless new money is committed, withdrawals have been disabled. US investors have additionally been cut off completely.

Zionix Community,

I’m going to speak with full transparency because that’s what you deserve.

The crypto market has been in a brutal, extended downturn since October. This wasn’t a flash crash. It was a slow, grinding decline that hit every major trading model across the industry, ours included.

Our legacy arbitrage bot took a significant hit during this window. Roughly 40% of trading capital was impacted. We stepped in with reserves to stabilize the system, but the drawdowns have reached a point where continuing to run the legacy bot right now would risk deeper losses.

To protect our community and prevent further damage, we are taking two immediate actions:

⸻

1. Pausing All Trading on the Legacy Bot

The bot is halted so it cannot lose another dollar in this market condition. This pause is temporary and strategic.

⸻

2. Temporarily Pausing Withdrawals (Up to 60 Days)

This is not a decision we wanted to make but it’s the responsible one.

Zionix Global is a Dubai-based reboot of the collapsed Zater Capital Ponzi scheme.

Jenna Zwagil is the face of Zionix Global, however the scheme is believed to be run by scammers hiding in Dubai.

In violation of financial laws in every country with a regulated market, Zionix Global fails to provide consumers with any verifiable information regarding its purported trading activities.

Zionix Global is also not registered to offer securities in any jurisdiction. Nor is the company registered with any commodities regulators (e.g. CFTC in the US).

This lends itself to Zionix Global not having a trading bot, meaning all of this is a ruse to explain away running out of new investment to pay withdrawals.

The sixty-day withdrawal pause is a common exit-scam ruse tactic used by Ponzi schemes. Firstly, even if there was a trading bot having issues, what does that have to do with investors withdrawing funds not in use by the bot?

Secondly, stopping withdrawals now prevents Zionix Global investors from withdrawing funds over the holiday period. December and January are typically difficult months for Ponzi schemes, as investors withdraw funds for use elsewhere.

With withdrawals disabled, Zionix Global is now pitching “NFTBot”,  a second unregistered investment scheme:

The Good News: The NFT HFT Bot is Crushing It

The newer NFT-powered bot is built on completely different technology:

• High-frequency trading
• Fast-cycle algorithms
• A separate back office
• Completely independent from the legacy system
• Zero commingled capital

This bot isn’t affected by the legacy drawdowns. It thrives in volatility.

Access Opens Wednesday

Zionix Global NFT trading bot scheme pitches investors on up to 2% a day.

Zionix introduces a limited collection of 5,000 NFTs, each designed to provide exclusive access to the Zionix NFTBot — our proprietary AI-driven trading engine capable of scanning real-time liquidity, executing automated arbitrage strategies, and dynamically seeking market rewards up to 2% daily (market dependent).

To access Zionix Global’s reboot investment scheme, investors must purchase NFTs from the company.

Zionix Global is flogging 5000 NFTs costing between 0.47 to 0.75 ETH.

Members who engage with the new NFT-based program will still be able to withdraw their daily profits normally while this transition takes place.

As above, investors who don’t commit more money to Zionix Global are punished with disabled withdrawals.

On US investors being locked out of Zionix Global, Zwagil writes;

For our U.S. community:

Due to regulatory tightening across automated trading platforms, we are no longer accepting new U.S. members into the existing trading bot.

There has been no “regulatory tightening” in the US. Securities and commodities fraud has been illegal since the 1930s, as per the Securities Exchange Act (1933) and Commodities Exchange Act (1936).

US Zionix Global investors are being promised a new unregistered trading scheme;

You will be able to transition into: … A New Self-Custody, U.S.-Friendly Trading Bot

-You will fully own and control the trading technology.-
-No pooled funds.
-No custodial risk.
-No compliance issues.

Estimated release: 60–90 days.

This sounds like a “lulz can’t touch our money!” investment scheme, which is still commodities fraud without CFTC (NFA) registration.

At time of publication there has been no public disclosure of Zionix Global’s collapse. Zionix Global’s website and social media accounts are still marketing the collapsed opportunity.

As of October 2025, the month leading up to the collapse, Zionix Global’s website traffic was too low for SimilarWeb to track.

This is the real reason Zionix Global collapsed, with the situation unlikely to change over the next 60 days.

Zionix Global’s exit-scam appears to be fleece as much money as possible through NFTBot positions, in the hope enough is raised to restart the original Ponzi.

If that works, NFTBot withdrawals go unpaid and it’s only a matter of time before another “withdrawal pause” is needed (read: third collapse).

If that doesn’t work, Zwagil and her accomplices in Dubai stop communicating and disappear sometime in January.

US-based Zwagil obviously has a lot more to lose than random scammers hiding in Dubai. Watch for the inevitable “I was betrayed, I’m a victim too!” as Zionix Global’s exit-scam continues to play out.