CryptoMaxx Review: Crypto Mafia reboots after collapse
There is no information on the CryptoMaxx website indicating who owns or runs the business.
The CryptoMaxx website domain (“cryptomaxx.com”) was privately registered on February 10th, 2017.
The CryptoMaxx website domain currently uses name-servers hosted on the Crypto Mafia server. This requires admin permissions, meaning CryptoMaxx is being run by the same people behind Crypto Mafia:
This is further confirmed by a visit to the Crypto Mafia website, which now redirects to CryptoMaxx.
Crypto Mafia was a bitcoin gifting scheme launched in early January. Facebook postings connected it to “Millionaire Mafia”, a company owned by Ben Oberg (right).
Oberg was still personally promoting Crypto Mafia up until early February, at which point it was relaunched as CryptoMaxx.
Read on for a full review of the CryptoMaxx MLM opportunity.
The CryptoMaxx Product Line
CryptoMaxx has no retailable products or services, with affiliates only able to market CryptoMaxx affiliate membership itself.
The CryptoMaxx Compensation Plan
CryptoMaxx affiliates gifit bitcoin to eachother via a 3×7 matrix.
A 3×7 matrix places an affiliate at the top of a matrix, with three positions directly under them:
These three positions form the first level of the matrix. The second level of the matrix is generated by splitting these first three positions into another three positions each (9 positions).
Levels three to seven of the matrix are generated in the same manner, with each new level housing three times as many positions as the previous level.
A CryptoMaxx affiliate begins by signing up and gifting 0.002 BTC to the affiliate who recruited them. This qualifies the affiliate to receive 0.002 BTC from three affiliates recruited into the first level of their matrix.
Levels two to seven of the matrix operate in the same manner, the only difference being the amounts gifted.
- level 1 – gift 0.002 BTC to the affiliate who recruited you and receive 0.002 BTC from three subsequently recruited affiliates
- level 2 – gift 0.005 BTC and receive 0.005 BTC from nine affiliates
- level 3 – gift 0.02 BTC and receive 0.02 BTC from twenty-seven affiliates
- level 4 – gift 0.08 BTC and receive 0.08 BTC from eighty-one affiliates
- level 5 – gift 0.2 BTC and receive 0.2 BTC from two hundred and forty-three affiliates
- level 6 – gift 0.5 BTC and receive 0.5 BTC from seven hundred and twenty-nine affiliates
- level 7 – gift 1 BTC and receive 1 BTC from two thousand one hundred and eighty-seven affiliates
Note that all gifting payments in CryptoMaxx are monthly recurring (both paid and received).
Joining CryptoMaxx
CryptoMaxx affiliate membership is tied to a minimum monthly 0.002 BTC gifting payment.
Full participation in the CryptoMaxx income opportunity costs 1.807 BTC a month.
Conclusion
Even down to the amounts gifted and matrix size, CryptoMaxx is the exact same scam as Crypto Mafia.
Crypto Mafia lasted a few weeks, so don’t expect any different the second time around. Infact reload schemes rarely last as long as the original scams they’re modeled on, so CryptoMaxx might even collapse sooner.
As with all gifting schemes, that collapse will be brought on by affiliate recruitment dying off.
No new affiliates sees payments funneled into the bottom of the company-wide matrix, meaning those at the bottom don’t get paid.
They stop paying and before you know so has everyone above them.
Bitcoing gifting schemes are put together on the cheap and primarily benefit the scammers running them.
This is due to a combination of pre-loaded positions and pass-ups at each matrix level.
CryptoMaxx is no different, with a February 23rd Facebook post by Ben Oberg confirming the top earners in CryptoMaxx are all part of the admin team:
Eryn Hubbard is one of three admins of the official CryptoMaxx Facebook group (Oberg is keeping a low-profile this time around and isn’t one of them).
CryptoKing and CryptoKeeper are dummy admin accounts and Oberg rounds out the top four earners. You can tell they are all preloaded accounts by the date they were created (Crypto Mafia’s launch date).
Will we see a third gifting scheme launched next month? Stay tuned…
I would personally like to meet with who ever wrote this article without having their evidence straight. I do not own this company, nor am I an admin, nor do I have admin access to it.
It also is not an mlm because there are products earned at each level. Feel free to email me so we can arrange getting this bullshit off of here.
Cleaned up the evidence have you Oberg?
Millionaire Mafia –> Crypto Mafia –> CryptoMaxx… it’s not rocket science.
I see you’re pushing a new scam (which is why you’re here). CryptoMaxx recruitment dried up already?
If you want to pretend you’re not running the show, feel free to nominate one of your buddies and I’ll update the review accordingly.
Commissions over multiple levels? MLM. Whether you attach belly flint products to affiliate payments is neither here nor there.
And consider this a reply to your email. Like I got time to listen to exposed scammers rant on the phone.
My name is not Oberg, my name is Ben and I have no evidence to clean up.
Millionaire Mafia.. look up the trademark, you literally don’t have one single fact straight.
Which is why after two comments and an email you’ve provided no facts to the contrary?
Got time to make 50 minute scam advertisement videos on Facebook but not 5 mins to share your “facts”?
Right you are Oberg, right you are.
Let’s see if you are brave enough to (Ozedit: Attempt to take discussion offsite).
I don’t need to provide evidence, if you had a single brain cell you will find that all of my businesses are trademarked and registered in the USPO of which Crypto Maxx (which is Crypto Mafia) is not one of them.
Call me right now if you would like to avoid a call from my attorney.
No of course not. This is the land of rainbows and fairies.
I’m sorry what? You applied for a trademark on Crypto Mafia on December 20th, 2016. The application appears to still be in the first stage, which means it hasn’t even been reviewed yet.
On January 2017 someone who already held the trademark filed an opposition. They applied for trademark in 2015 so it’s unlikely your application will be approved.
Feel free to name one of your buddies as the owner if you want and I’ll be happy to update the review. Otherwise your Facebook/blog posts referring to Crypto Mafa in the posessive speak for themselves.
And do you really want to give me access to your entire business opportunity history, including bank, payment processor and any and all personal accounting information (including bitcoin), for public exhibit in court?
Yeah, discovery’s a bitch.
Thanks for bringing things to light. Ive been warning/telling people about Ben’s pyramid scheme for awhile now.
Shame on you Ben for taking advantage of the weak, alot can be said about that mentality.
Eryn Hubbard is def in on this one. Millionaire Mafia is a scam. The Bitcoin thing he promotes is a scam.
Even PayPal knows he is scamming people and won’t do business with him. He collects emails and sells them too.
you currently have more info on him besides the obvious?
We don’t review individuals, we review MLM companies. So no.