CoinMD provide no information on their website about who owns or runs the business.

The CoinMD website domain (“”) was privately registered on May 3rd, 2017.

Further research reveals Tom McMurrain citing himself as CEO of the company in the CoinMD compensation plan.

Why this information is not provided on the CoinMD website is unclear.

Tom McMurrain (right) first appeared on BehindMLM’s radar as a prominent US investor in the OneCoin Ponzi scheme.

McMurrain stopped actively promoting OneCoin around mid-May, shortly after registering the CoinMD website domain. Whether McMurrain is still a OneCoin affiliate or not is unknown.

On the regulatory side of things, McMurrain is a convicted felon.

Between 1997 and 2000 McMurrain stole $9 million from 80 investors in a pay-day loan Ponzi scheme he called Emergency One Cash Card Inc.

In September 1997, McMurrain, a former securities dealer, formed a company called “Emergency One Cash Card Inc.”

The company made two- to four-week loans of between $300 and $500 to low-income borrowers at high interest rates (between 22 percent and 25 percent a month) using car titles as collateral.

McMurrain began the business with a store front at Tower Place in Buckhead. Eventually, he expanded the company to locations in Buford, Smyrna and Decatur, Ga., and a holding company called “Emergency One Holding Corp.”

McMurrain also created a boiler-room operation, “American Call Center,” so potential customers could borrow money by phone.

Over time, McMurrain employed 10 to 20 people to manage the storefronts and administer the operations, while McMurrain solicited investors to pump money into his companies.

McMurrain promised potential investors a 15 percent to 36 percent a rate of return annually on their investment — a rate much higher than available commercially.

McMurrain failed to tell investors his business was operating at a loss and the business was only able to make monthly interest payments to previous investors with funds invested by later investors.

He also did not disclose he used their investments to fund non-pay day loan businesses, including a loan of $700,000 to another McMurrain company, “Global E Tutor Inc.”

McMurrain also used investor funds to make uncollateralized loans to friends, and McMurrain failed to disclose to the investors that he spent $1.3 million of their investments in day trading and on a lavish lifestyle for himself.

In August and September of 2000, the business failed and McMurrain’s business declared bankruptcy in late 2000.

When the company went bankrupt, McMurrain and his immediate family fled to Central America.

After Bananama Republic reported on two arrest warrants issued against McMurrain, he sued them.

McMurrain lost the case and appealed, but before the appeal was decided on was arrested in 2004 on the aforementioned warrants.

Other cases included boating under the influence, assault, more fraud — McMurrain ran a high profile robbers den in Panama under the name “San Cristobal Land Development”.

In 2005 McMurrain was sentenced to 87 months in prison and had to pay back $7.5 million he’d stolen.

McMurrain was released in 2009/2010, after which he signed up as an affiliate with the TVI Express.

In 2010 McMurrain’s home state Georgia declared TVI Express was a pyramid scheme.

Of late McMurrain has been heavily involved in the cryptocurrency niche. The only MLM opportunity I’m aware McMurrain has been promoting however is OneCoin.

OneCoin ceased processing affiliate Ponzi points ROI withdrawals back in January. Since then affiliates have only been able to earn pyramid recruitment commissions, so I guess here we are with CoinMD.

Read on for a full review of the CoinMD MLM opportunity.

CoinMD Products

CoinMD has no retailable products or services, with affiliates only able to market CoinMD affiliate membership itself.

The CoinMD Compensation Plan

CoinMD affiliates invest in CoinRewards points, n the expectation they’ll be able to cash the points out for a higher value at a later date.

  • MD1 – invest $1000 and receive 50,000 CoinRewards points
  • MD3 – invest $5000 and receive 150,000 CoinRewards points
  • MD5 – invest $10,000 and receive 500,000 CoinRewards points
  • MD10 – invest $25,000 and receive 1,500,000 CoinRewards points
  • MD15 – invest $50,000 and receive 5,000,000 CoinRewards points

CoinRewards points can be exchanged for CoinMD, a non-public cryptocurrency.

CoinMD wholly control and set the value of the CoinMD cryptocurrency.

Before we get into specific commissions, note that earning potential for CoinMD affiliates is capped based on how much they invest:

  • MD1 – single binary position capped at $3000 a week
  • MD3 – three binary positions capped at $5000 a week each ($15,000 total)
  • MD5 – seven binary positions capped at $15,000 a week each ($105,000 total)
  • MD10 – seven binary positions capped at $30,000 a week each ($210,000 total)
  • MD15 – fifteen binary positions capped at $30,000 a week each ($450,000 total)

As per the CoinMD compensation plan, 30% of all earned commissions are paid out in CoinRewards points.

CoinMD Affiliate Ranks

There are five ranks within the CoinMD compensation plan.

Along with their respective qualification criteria, they are as follows:

  • Legionnaire – generate at least $999 in monthly downline investment volume and recruit at least one affiliate who has invested
  • Praetor – generate at least $50,000 in monthly downline investment volume (33% in the weaker binary side) and recruit and maintain at least five Legionnaire ranked affiliates (at least two on the weaker binary side)
  • Centurion – generate at least $150,000 in monthly downline investment volume (33% in the weaker binary side) and recruit and maintain at least ten affiliates who have invested (three must be Praetor ranked with at least one Praetor on the weaker binary side)
  • Senator – generate at least $350,000 in monthly downline investment volume (33% in the weaker binary side) and recruit and maintain at least fifteen affiliates who have invested (six must be Centurion ranked with at least two on the weaker binary side)
  • Imperator – generate at least $750,000 in monthly downline investment volume (33% in the weaker binary side) and recruit and maintain at least twenty-one affiliates who have invested (nine must be Senator ranked with at least three on the weaker binary side)

Recruitment Commissions

CoinMD affiliates are paid a percentage of funds invested by personally recruited affiliates.

How much of a percentage they are paid is determined by their CoinMD affiliate rank:

  • Legionnaire – 10%
  • Praetor – 15%
  • Centurion – 20%
  • Senator – 25%
  • Imperator – 30%

A 100% bonus in CoinRewards is paid out on recruitment commissions earned within a CoinMD affiliate’s first thirty days with the company.

Residual Commissions

CoinMD pay residual commissions via a binary compensation structure.

A binary compensation structure places an affiliate at the top of a binary team, split into two sides (left and right):

The first level of the binary team houses two positions. The second level of the binary team is generated by splitting these first two positions into another two positions each (4 positions).

Subsequent levels of the binary team are generated as required, with each new level housing twice as many positions as the previous level.

Positions in the binary team are filled via direct and indirect recruitment of affiliates. Note that there is no limit to how deep a binary team can grow.

At the end of each week CoinMD tally up newly  invested funds on both sides of the binary team.

Affiliates are paid 10% of funds generated on their weaker binary side (the side with less investment volume).

Leftover volume on the stronger binary side is carried over the following week.

Investment volume flushes on both sides of the binary team if both sides hit a minimum $300,000 in weekly volume.

Matching Bonus

CoinMD affiliates earn a Matching Bonus on residual commissions paid to their downline affiliates.

The Matching Bonus is paid out via a unilevel compensation structure.

A unilevel compensation structure places an affiliate at the top of a unilevel team, with every personally recruited affiliate placed directly under them (level 1):

If any level 1 affiliates recruit new affiliates, they are placed on level 2 of the original affiliate’s unilevel team.

If any level 2 affiliates recruit new affiliates, they are placed on level 3 and so on and so forth down a theoretical infinite number of levels.

CoinMD cap payable unilevel levels at four, with corresponding Matching Bonus percentages on each level as follows:

  • level 1 (personally recruited affiliates) – 10%
  • level 2 – 10%
  • level 3 – 20%
  • level 4 – 25%

Rank Achievement Bonus

CoinMD affiliates receive a one-time Rank Achievement Bonus when they qualify at the Praetor and higher ranks:

  • qualify as a Praetor affiliate and receive $500
  • qualify as a Centurion affiliate and receive $1500
  • qualify as a Senator affiliate and receive $2500
  • qualify as an Imperator affiliate and receive $5000

Joining CoinMD

CoinMD affiliate membership is $29.95 annually plus investment in one of the following membership options:

  • MD1 – $1000 for a one year membership
  • MD3 – $5000 for a three year membership
  • MD5 – $10,000 for a ten year membership
  • MD10 – $25,000 for a ten year membership
  • MD15 – $50,000 for a fifteen year membership

At the end of each membership period a $199 fee is payable.

The primary difference between the above affiliate membership options is income potential via the CoinMD compensation plan.


The marketing pitch on the CoinMD website blabs on about getting CoinRewards points when selected health services providers are used.

CoinMD is a private membership organization that provides a loyalty Crypto-Rewards program for living a Healthy and Wealthy Lifestyle

Members receive CoinRewards when they join, when they use our preferred network of providers and when they refer other to join CoinMD.

As with OneCoin’s “education packages”, this is just a ruse for affiliate investment into CoinRewards points.

CoinRewards points are worthless outside of CoinMD. Their primary purpose is restrict how many CoinMD points an affiliate gets when they invest in a CoinMD affiliate membership package.

CoinMD points are also worthless. Touted as a cryptocurrency, CoinMD points are neither publicly tradeable or usable for anything other than cashing out a ROI.

As our community grows globally so will the value of YOUR CoinMD.

The above, taken directly from the CoinMD website, reveals CoinMD’s sole source of revenue is new affiliate investment.

Tom McMurrain increases the value of CoinMD points as he sees fits. When affiliates put in a withdrawal request, CoinMD pays an effective ROI on invested CoinMD points using subsequently invested affiliate funds.

This defines CoinMD as a Ponzi scheme.

Pyramid recruitment is also an issue, as opposed to rewarding affiliates for making retail sales, CoinMD’s compensation documentation states the “goal” of the model is

to encourage the behaviors of personal sponsorship, helping others achieve rank and helping others achieve rank, building leadership in depth and working towards earning CoinRewards.

What’s more is CoinMD won’t even be paying affiliates for at least a year.

All Commissions will be paid in gift codes – No cash payouts will be made in the first 12 months.

Gift codes are worthless and can only be used to recruit new CoinMD affiliates. A new affiliate signs up, pays the person who recruited them and receives a CoinRewards giftcode of equivalent value.

This is effectively a scam within a scam, as these invested funds are not recorded on CoinMD’s accounting records.

Having already received a lengthy sentence for mail and wire fraud,why McMurrain is again engaging in Ponzi fraud is unclear. Perhaps as a top OneCoin US affiliate, the money he stole has given him an artificial sense of confidence.

McMurrain can register an Indian Ocean domain but at the end of the day he’s a US citizen operating an investment scheme out of Georgia.

The CoinMD Terms of Service state they’re governed by the laws of Wyoming, but that’s unlikely to fool regulators either.

Through CoinMD McMurrain is offering securities. Specifically, CoinMD affiliates invest in CoinRewards and CoinMD points on the expectation of a passive ROI.

A securities offering to US residents requires registration with the SEC, yet a search of the Edgar database turns up nothing for CoinMD or CoinMD Inc.

At the time of publication CoinMD has a tentative launch date of July 15th. Given McMurrain’s past, should the company take off I can’t imagine it’ll take much for the SEC to take notice.


Update 7th March 2019 – Pending a collapse, which turned out to be a false alarm, Tom McMurrain has announced a new CoinMD compensation plan.